Worth Asset Management LLC Takes $1.31 Million Position in iShares Russell 2000 ETF $IWM

Worth Asset Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 5,275 shares of the exchange traded fund’s stock, valued at approximately $1,308,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. DSG Capital Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth $1,354,000. Cobblestone Capital Advisors LLC NY boosted its stake in shares of iShares Russell 2000 ETF by 22.5% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock valued at $7,910,000 after acquiring an additional 6,002 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at $6,291,000. Westwood Wealth Management purchased a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $820,000. Finally, Citizens Business Bank increased its position in iShares Russell 2000 ETF by 15.9% during the 3rd quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock worth $9,609,000 after purchasing an additional 5,456 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 0.9%

Shares of IWM stock opened at $298.18 on Tuesday. The company has a market capitalization of $82.80 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The firm has a 50-day moving average price of $282.55 and a 200 day moving average price of $265.45. iShares Russell 2000 ETF has a twelve month low of $206.81 and a twelve month high of $299.49.

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.