First Heartland Consultants Inc. Grows Stake in iShares Russell 2000 ETF $IWM

First Heartland Consultants Inc. boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 118.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,558 shares of the exchange traded fund’s stock after purchasing an additional 24,178 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.9% of First Heartland Consultants Inc.’s portfolio, making the stock its 28th biggest position. First Heartland Consultants Inc.’s holdings in iShares Russell 2000 ETF were worth $13,387,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IWM. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter worth approximately $28,000. Osbon Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $31,000. Columbia Asset Management acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $32,000. Finally, Tower View Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the 1st quarter valued at $32,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $301.56 on Friday. The firm has a market cap of $83.00 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The firm’s fifty day moving average price is $294.09 and its 200 day moving average price is $275.41. iShares Russell 2000 ETF has a 1-year low of $219.74 and a 1-year high of $303.06.

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.