Beam Wealth Advisors Inc. Has $3.36 Million Stake in iShares Russell 2000 ETF $IWM

Beam Wealth Advisors Inc. lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,565 shares of the exchange traded fund’s stock after selling 2,558 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $3,364,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. DSG Capital Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $1,354,000. Horizon Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at $22,859,000. Westwood Wealth Management bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $820,000. Apollon Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 26.4% during the 4th quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after acquiring an additional 3,107 shares in the last quarter. Finally, Gryphon Financial Partners LLC grew its position in iShares Russell 2000 ETF by 62.7% during the 4th quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock worth $2,998,000 after acquiring an additional 4,696 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 0.9%

Shares of IWM stock opened at $293.48 on Thursday. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The stock’s fifty day simple moving average is $288.66 and its 200 day simple moving average is $269.35. The firm has a market capitalization of $80.59 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.