iShares Russell 2000 ETF $IWM Stock: SteelPeak Wealth LLC Grows Stake

SteelPeak Wealth LLC lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 120,312 shares of the exchange traded fund’s stock after acquiring an additional 23,553 shares during the quarter. iShares Russell 2000 ETF makes up about 0.8% of SteelPeak Wealth LLC’s investment portfolio, making the stock its 26th largest position. SteelPeak Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $33,434,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IWM. IFP Advisors Inc boosted its holdings in iShares Russell 2000 ETF by 11.0% in the third quarter. IFP Advisors Inc now owns 27,887 shares of the exchange traded fund’s stock valued at $7,750,000 after acquiring an additional 2,768 shares during the last quarter. Frank Rimerman Advisors LLC increased its position in iShares Russell 2000 ETF by 3.8% in the third quarter. Frank Rimerman Advisors LLC now owns 2,836 shares of the exchange traded fund’s stock worth $788,000 after purchasing an additional 104 shares during the period. USA Financial Formulas acquired a new stake in iShares Russell 2000 ETF in the third quarter worth about $3,291,000. KWB Wealth increased its position in iShares Russell 2000 ETF by 3.6% in the third quarter. KWB Wealth now owns 1,303 shares of the exchange traded fund’s stock worth $362,000 after purchasing an additional 45 shares during the period. Finally, Forum Financial Management LP increased its position in iShares Russell 2000 ETF by 8.4% in the third quarter. Forum Financial Management LP now owns 3,344 shares of the exchange traded fund’s stock worth $929,000 after purchasing an additional 260 shares during the period.

iShares Russell 2000 ETF Trading Down 1.7%

Shares of NYSEARCA:IWM opened at $270.44 on Friday. The stock has a market capitalization of $75.37 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The business has a 50-day moving average price of $288.96 and a two-hundred day moving average price of $286.05.

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.