Hillcrest Wealth Advisors NY LLC Raises Stake in iShares Russell 2000 ETF $IWM

Hillcrest Wealth Advisors NY LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.6% in the first quarter, Holdings Channel.com reports. The fund owned 83,132 shares of the exchange traded fund’s stock after acquiring an additional 2,145 shares during the period. iShares Russell 2000 ETF comprises 8.4% of Hillcrest Wealth Advisors NY LLC’s portfolio, making the stock its 2nd biggest holding. Hillcrest Wealth Advisors NY LLC’s holdings in iShares Russell 2000 ETF were worth $20,617,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Acumen Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF during the fourth quarter valued at approximately $31,000. Finally, Columbia Asset Management bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $297.58 on Friday. The stock has a market capitalization of $82.70 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72. The company has a 50 day moving average price of $287.47 and a 200 day moving average price of $268.23.

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.