Summit Financial LLC Raises Stock Holdings in iShares Russell 2000 ETF $IWM

Summit Financial LLC raised its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 89.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,688 shares of the exchange traded fund’s stock after acquiring an additional 62,955 shares during the period. Summit Financial LLC’s holdings in iShares Russell 2000 ETF were worth $32,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $28,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $30,000. FWL Investment Management LLC increased its position in shares of iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares during the last quarter. Finally, Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at approximately $32,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $292.95 on Friday. The company has a market cap of $81.35 billion, a P/E ratio of 17.69 and a beta of 1.11. The business’s 50 day moving average price is $277.84 and its 200-day moving average price is $263.26. iShares Russell 2000 ETF has a fifty-two week low of $206.81 and a fifty-two week high of $295.72.

iShares Russell 2000 ETF 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.