Centaurus Financial Inc. Has $16.52 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Centaurus Financial Inc. raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 188.3% during the first quarter, Holdings Channel reports. The institutional investor owned 66,603 shares of the exchange traded fund’s stock after buying an additional 43,502 shares during the quarter. iShares Russell 2000 ETF makes up about 0.8% of Centaurus Financial Inc.’s investment portfolio, making the stock its 25th biggest holding. Centaurus Financial Inc.’s holdings in iShares Russell 2000 ETF were worth $16,517,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWM. Strategic Investment Advisors MI bought a new position in iShares Russell 2000 ETF in the first quarter valued at about $128,000. Ashton Thomas Securities LLC acquired a new stake in iShares Russell 2000 ETF in the first quarter worth about $2,675,000. Strategic Planning Inc. bought a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $813,000. EverSource Wealth Advisors LLC raised its holdings in iShares Russell 2000 ETF by 23.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,149 shares of the exchange traded fund’s stock worth $1,277,000 after purchasing an additional 993 shares during the last quarter. Finally, Talon Private Wealth LLC acquired a new position in iShares Russell 2000 ETF during the 1st quarter valued at about $426,000.

iShares Russell 2000 ETF Trading Down 1.6%

Shares of NYSEARCA IWM opened at $288.57 on Thursday. The firm has a market capitalization of $78.36 billion, a PE ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 1 year low of $212.34 and a 1 year high of $302.72. The firm’s 50-day moving average is $292.78 and its 200-day moving average is $273.81.

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.