KCM Capital Inc Purchases 9,800 Shares of iShares Russell 2000 ETF $IWM

KCM Capital Inc raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 95.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 20,100 shares of the exchange traded fund’s stock after purchasing an additional 9,800 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.8% of KCM Capital Inc’s portfolio, making the stock its 21st largest position. KCM Capital Inc’s holdings in iShares Russell 2000 ETF were worth $4,985,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at $28,000. Osbon Capital Management LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter valued at $31,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF during the fourth quarter valued at $32,000. Finally, Tower View Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $32,000.

iShares Russell 2000 ETF Trading Down 0.9%

IWM stock opened at $293.79 on Thursday. The firm has a market cap of $81.64 billion, a PE ratio of 17.69 and a beta of 1.10. The stock has a 50-day moving average price of $291.44 and a 200-day moving average price of $272.49. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72.

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.