4,503 iShares Russell 2000 ETF $IWM Shares Purchased by Jacksonville Wealth Management LLC

Jacksonville Wealth Management LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.7% during the third quarter, Holdings Channel.com reports. The fund owned 31,518 shares of the exchange traded fund’s stock after acquiring an additional 4,503 shares during the period. iShares Russell 2000 ETF accounts for 4.6% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Jacksonville Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $8,758,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Rogco LP acquired a new position in iShares Russell 2000 ETF during the second quarter worth about $25,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $30,000. Signature Resources Capital Management LLC grew its position in shares of iShares Russell 2000 ETF by 362.1% in the third quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 105 shares during the last quarter. Timbuktu Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $43,000. Finally, Scarborough Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $37,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $284.02 on Thursday. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The stock has a market cap of $76.73 billion, a price-to-earnings ratio of 17.69 and a beta of 1.14. The firm has a 50 day simple moving average of $283.19 and a 200-day simple moving average of $278.82.

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.