Focus Partners Wealth Has $97.67 Million Stake in iShares Russell 2000 ETF $IWM

Focus Partners Wealth raised its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 403,595 shares of the exchange traded fund’s stock after acquiring an additional 27,274 shares during the period. Focus Partners Wealth’s holdings in iShares Russell 2000 ETF were worth $97,669,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth about $26,000. Abich Financial Wealth Management LLC bought a new position in iShares Russell 2000 ETF during the 3rd quarter valued at about $30,000. Pingora Partners LLC acquired a new position in iShares Russell 2000 ETF in the second quarter valued at about $32,000. Beacon Capital Management Inc. acquired a new position in iShares Russell 2000 ETF in the second quarter valued at about $35,000. Finally, GGM Financials LLC bought a new stake in iShares Russell 2000 ETF during the third quarter worth about $35,000.

iShares Russell 2000 ETF Trading Up 0.9%

NYSEARCA IWM opened at $248.92 on Tuesday. The firm has a market cap of $70.90 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company has a 50 day moving average of $261.00 and a 200-day moving average of $250.24. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60.

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.