Phoenix Financial Ltd. Invests $5.17 Million in iShares Russell 2000 ETF $IWM

Phoenix Financial Ltd. bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 21,357 shares of the exchange traded fund’s stock, valued at approximately $5,168,000.

A number of other institutional investors also recently bought and sold shares of the stock. Stonegate Investment Group LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter worth about $206,000. Paragon Private Wealth Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 189.4% during the 3rd quarter. Paragon Private Wealth Management LLC now owns 8,587 shares of the exchange traded fund’s stock worth $2,078,000 after acquiring an additional 5,620 shares during the period. Flagship Private Wealth LLC raised its position in shares of iShares Russell 2000 ETF by 4.4% in the 3rd quarter. Flagship Private Wealth LLC now owns 4,063 shares of the exchange traded fund’s stock worth $983,000 after acquiring an additional 173 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 19.5% in the 3rd quarter. Belpointe Asset Management LLC now owns 19,281 shares of the exchange traded fund’s stock valued at $4,665,000 after purchasing an additional 3,148 shares during the period. Finally, First Command Advisory Services Inc. boosted its position in shares of iShares Russell 2000 ETF by 2,662.1% during the third quarter. First Command Advisory Services Inc. now owns 801 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 772 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 0.3%

Shares of IWM stock opened at $263.98 on Tuesday. The business’s fifty day moving average is $252.33 and its 200 day moving average is $241.50. The stock has a market cap of $77.24 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60.

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.