Keebeck Wealth Management Has $2.54 Million Position in iShares Russell 2000 ETF $IWM

Keebeck Wealth Management lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 29.7% in the first quarter, Holdings Channel.com reports. The firm owned 10,233 shares of the exchange traded fund’s stock after selling 4,317 shares during the period. Keebeck Wealth Management’s holdings in iShares Russell 2000 ETF were worth $2,538,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter worth about $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $31,000. Columbia Asset Management acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth about $32,000. Finally, Tucker Asset Management LLC purchased a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $292.09 on Friday. The business’s 50-day moving average is $291.59 and its 200-day moving average is $272.80. The company has a market capitalization of $80.75 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a fifty-two week low of $212.34 and a fifty-two week high of $302.72.

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.