Horizon Wealth Management LLC Acquires New Holdings in iShares Russell 2000 ETF $IWM

Horizon Wealth Management LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 41,412 shares of the exchange traded fund’s stock, valued at approximately $10,020,000. iShares Russell 2000 ETF makes up about 1.5% of Horizon Wealth Management LLC’s holdings, making the stock its 20th largest holding.

Several other large investors have also recently bought and sold shares of the stock. Quaker Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 228 shares during the period. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $30,000. Pingora Partners LLC bought a new stake in iShares Russell 2000 ETF during the second quarter worth approximately $32,000. Beacon Capital Management Inc. bought a new stake in iShares Russell 2000 ETF during the second quarter worth approximately $35,000. Finally, Pineridge Advisors LLC lifted its position in iShares Russell 2000 ETF by 93.9% in the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 92 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA IWM opened at $262.96 on Friday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $271.60. The firm has a market cap of $74.90 billion, a P/E ratio of 17.69 and a beta of 1.13. The stock has a fifty day moving average price of $257.83 and a two-hundred day moving average price of $245.11.

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.