Legacy Wealth Partners LLC Has $2.87 Million Position in iShares Russell 2000 ETF $IWM

Legacy Wealth Partners LLC increased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 21.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 11,568 shares of the exchange traded fund’s stock after acquiring an additional 2,045 shares during the quarter. iShares Russell 2000 ETF makes up approximately 0.7% of Legacy Wealth Partners LLC’s portfolio, making the stock its 26th largest position. Legacy Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $2,869,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. LGL Partners LLC increased its position in iShares Russell 2000 ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after buying an additional 38 shares during the period. Rinkey Investments lifted its holdings in shares of iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after buying an additional 40 shares during the last quarter. North Capital Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 2.4% during the fourth quarter. North Capital Inc. now owns 1,687 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 40 shares during the last quarter. Moody Lynn & Lieberson LLC boosted its position in shares of iShares Russell 2000 ETF by 0.8% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock valued at $1,256,000 after acquiring an additional 41 shares during the period. Finally, Sara Bay Financial grew its stake in shares of iShares Russell 2000 ETF by 4.4% in the first quarter. Sara Bay Financial now owns 1,055 shares of the exchange traded fund’s stock worth $262,000 after acquiring an additional 44 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 1.0%

Shares of IWM stock opened at $295.32 on Wednesday. The firm has a market capitalization of $82.01 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1 year low of $211.89 and a 1 year high of $299.49. The firm’s fifty day simple moving average is $283.23 and its 200 day simple moving average is $265.77.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.