CMG Global Holdings LLC Raises Stock Holdings in iShares Russell 2000 ETF $IWM

CMG Global Holdings LLC increased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 27,842 shares of the exchange traded fund’s stock after purchasing an additional 3,666 shares during the period. iShares Russell 2000 ETF comprises approximately 3.3% of CMG Global Holdings LLC’s holdings, making the stock its 7th largest holding. CMG Global Holdings LLC’s holdings in iShares Russell 2000 ETF were worth $6,240,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at approximately $28,000. Proathlete Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $30,000. Financial Network Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC bought a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $34,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $243.41 on Monday. The business has a fifty day simple moving average of $237.96 and a 200 day simple moving average of $218.01. The company has a market capitalization of $68.13 billion, a PE ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $252.77.

iShares Russell 2000 ETF Company Profile

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.