Montecito Bank & Trust Invests $2.08 Million in iShares Russell 2000 ETF $IWM

Montecito Bank & Trust bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 8,581 shares of the exchange traded fund’s stock, valued at approximately $2,076,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. raised its holdings 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 valued at $1,290,000 after acquiring an additional 47 shares in the last quarter. Thoroughbred Financial Services LLC increased its position in shares of iShares Russell 2000 ETF by 1.5% during the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after purchasing an additional 48 shares during the period. Occidental Asset Management LLC raised its stake in shares of iShares Russell 2000 ETF by 1.5% in the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 51 shares in the last quarter. Firestone Capital Management lifted its position in iShares Russell 2000 ETF by 0.4% in the second quarter. Firestone Capital Management now owns 15,459 shares of the exchange traded fund’s stock worth $3,336,000 after purchasing an additional 54 shares during the period. Finally, Leo Wealth LLC lifted its position in iShares Russell 2000 ETF by 1.9% in the second quarter. Leo Wealth LLC now owns 2,997 shares of the exchange traded fund’s stock worth $647,000 after purchasing an additional 56 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $247.24 on Thursday. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $258.20. The firm has a market capitalization of $68.47 billion, a PE ratio of 17.69 and a beta of 1.13. The company’s fifty day moving average price is $245.17 and its two-hundred day moving average price is $232.95.

About iShares Russell 2000 ETF

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.