Financial Perspectives Inc Increases Stock Position in iShares Russell 2000 ETF $IWM

Financial Perspectives Inc boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 22.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,884 shares of the exchange traded fund’s stock after purchasing an additional 703 shares during the quarter. Financial Perspectives Inc’s holdings in iShares Russell 2000 ETF were worth $838,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Bernard Wealth Management Corp. lifted its stake in iShares Russell 2000 ETF by 0.8% in the 2nd quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock worth $1,290,000 after purchasing an additional 47 shares in the last quarter. Ironwood Investment Counsel LLC lifted its stake in iShares Russell 2000 ETF by 2.8% in the 1st quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 50 shares in the last quarter. Occidental Asset Management LLC lifted its stake in iShares Russell 2000 ETF by 1.5% in the 2nd quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock worth $733,000 after purchasing an additional 51 shares in the last quarter. USAdvisors Wealth Management LLC lifted its stake in iShares Russell 2000 ETF by 0.6% in the 1st quarter. USAdvisors Wealth Management LLC now owns 9,385 shares of the exchange traded fund’s stock worth $1,872,000 after purchasing an additional 53 shares in the last quarter. Finally, Catalyst Financial Partners LLC lifted its stake in iShares Russell 2000 ETF by 1.0% in the 1st quarter. Catalyst Financial Partners LLC now owns 5,302 shares of the exchange traded fund’s stock worth $1,058,000 after purchasing an additional 55 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $243.41 on Monday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $252.77. The stock has a market capitalization of $68.13 billion, a PE ratio of 17.69 and a beta of 1.15. The company’s 50 day simple moving average is $237.96 and its two-hundred day simple moving average is $218.01.

iShares Russell 2000 ETF 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.