Laffer Tengler Investments Inc. Acquires Shares of 1,305 iShares Russell 2000 ETF $IWM

Laffer Tengler Investments Inc. bought a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,305 shares of the exchange traded fund’s stock, valued at approximately $282,000.

A number of other hedge funds have also modified their holdings of IWM. Vise Technologies Inc. purchased a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at about $577,000. Alpha Cubed Investments LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $234,000. Allworth Financial LP grew its position in shares of iShares Russell 2000 ETF by 17.2% in the second quarter. Allworth Financial LP now owns 53,981 shares of the exchange traded fund’s stock valued at $11,649,000 after purchasing an additional 7,940 shares in the last quarter. Americana Partners LLC grew its position in shares of iShares Russell 2000 ETF by 265.7% in the second quarter. Americana Partners LLC now owns 7,223 shares of the exchange traded fund’s stock valued at $1,559,000 after purchasing an additional 5,248 shares in the last quarter. Finally, Fountainhead AM LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $2,798,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $241.61 on Monday. The business’s 50 day moving average price is $242.70 and its 200 day moving average price is $224.74. The company has a market cap of $66.91 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77.

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.