Keudell Morrison Wealth Management Makes New Investment in iShares Russell 2000 ETF $IWM

Keudell Morrison Wealth Management bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 999 shares of the exchange traded fund’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its position in iShares Russell 2000 ETF by 18.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock valued at $6,062,000 after purchasing an additional 4,381 shares during the period. Independent Wealth Network Inc. grew its position in shares of iShares Russell 2000 ETF by 2.6% during the 2nd quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock worth $534,000 after buying an additional 62 shares during the period. Mackenzie Financial Corp raised its stake in shares of iShares Russell 2000 ETF by 6.6% during the first quarter. Mackenzie Financial Corp now owns 80,059 shares of the exchange traded fund’s stock worth $15,971,000 after buying an additional 4,939 shares during the last quarter. Pasadena Private Wealth LLC acquired a new position in iShares Russell 2000 ETF in the first quarter valued at approximately $339,000. Finally, American National Bank & Trust boosted its stake in iShares Russell 2000 ETF by 52.7% in the second quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock valued at $2,562,000 after acquiring an additional 4,098 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM opened at $245.83 on Monday. The company has a fifty day moving average price of $233.01 and a two-hundred day moving average price of $215.01. The firm has a market capitalization of $72.11 billion, a PE ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $248.09.

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.