KFA Private Wealth Group LLC Invests $277,000 in iShares Russell 2000 ETF $IWM

KFA Private Wealth Group LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,283 shares of the exchange traded fund’s stock, valued at approximately $277,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth $28,000. Proathlete Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth $30,000. Financial Network Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth $29,000. Brooklyn Investment Group acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth $30,000. Finally, 1 North Wealth Services LLC acquired a new position in iShares Russell 2000 ETF during the first quarter worth about $34,000.

iShares Russell 2000 ETF Trading Down 3.0%

Shares of IWM opened at $237.79 on Friday. The firm’s 50-day moving average is $235.37 and its two-hundred day moving average is $216.18. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $248.48. The firm has a market capitalization of $67.57 billion, a P/E ratio of 17.69 and a beta of 1.15.

iShares Russell 2000 ETF 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.