Savvy Advisors Inc. Buys 2,218 Shares of iShares Russell 2000 ETF $IWM

Savvy Advisors Inc. grew its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 41.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,612 shares of the exchange traded fund’s stock after buying an additional 2,218 shares during the period. Savvy Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $1,842,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Thoroughbred Financial Services LLC lifted its holdings in 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 in the last quarter. Crowley Wealth Management Inc. increased its stake in shares of iShares Russell 2000 ETF by 8.1% in the third quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock worth $161,000 after purchasing an additional 50 shares in the last quarter. Smart Portfolios LLC raised its position in shares of iShares Russell 2000 ETF by 3.7% during the 3rd quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock valued at $336,000 after purchasing an additional 50 shares during the period. Traynor Capital Management Inc. lifted its position in shares of iShares Russell 2000 ETF by 5.0% in the third quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after acquiring an additional 51 shares in the last quarter. Finally, Firestone Capital Management raised its stake in iShares Russell 2000 ETF by 0.4% during the 2nd quarter. Firestone Capital Management now owns 15,459 shares of the exchange traded fund’s stock valued at $3,336,000 after purchasing an additional 54 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $259.54 on Friday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60. The company has a market capitalization of $73.93 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The business has a 50 day simple moving average of $257.59 and a two-hundred day simple moving average of $244.84.

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