Gateway Wealth Partners LLC Raises Position in iShares Russell 2000 ETF $IWM

Gateway Wealth Partners LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 262.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 5,000 shares of the exchange traded fund’s stock after purchasing an additional 3,620 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $1,240,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. DSG Capital Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $1,354,000. Horizon Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at about $22,859,000. Westwood Wealth Management purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $820,000. Apollon Wealth Management LLC raised its stake in shares of iShares Russell 2000 ETF by 26.4% during the fourth 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 during the last quarter. Finally, FSA Wealth Partners Inc. raised its stake in shares of iShares Russell 2000 ETF by 31.2% during the fourth quarter. FSA Wealth Partners Inc. now owns 33,490 shares of the exchange traded fund’s stock valued at $8,244,000 after acquiring an additional 7,968 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.2%

iShares Russell 2000 ETF stock opened at $293.37 on Wednesday. The firm has a market cap of $80.75 billion, a P/E ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72. The firm has a 50-day moving average of $292.61 and a 200-day moving average of $273.59.

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.