Gainline Financial Partners LLC Acquires New Shares in iShares Russell 2000 ETF $IWM

Gainline Financial Partners LLC acquired a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,611 shares of the exchange traded fund’s stock, valued at approximately $1,385,000. iShares Russell 2000 ETF accounts for 1.3% of Gainline Financial Partners LLC’s portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWM. Rogco LP purchased a new stake in iShares Russell 2000 ETF in the second quarter valued at $25,000. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $28,000. Montgomery Financial Services LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth about $30,000. Finally, Osbon Capital Management LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $31,000.

iShares Russell 2000 ETF Trading Up 0.3%

Shares of IWM opened at $296.01 on Friday. The company’s 50-day moving average price is $296.97 and its 200 day moving average price is $280.34. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The firm has a market cap of $81.48 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.