Shoker Investment Counsel Inc. Takes $624,000 Position in iShares Russell 2000 ETF $IWM

Shoker Investment Counsel Inc. bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,893 shares of the exchange traded fund’s stock, valued at approximately $624,000.

Other institutional investors have also recently bought and sold shares of the company. Quaker Wealth Management LLC raised its stake in shares of iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 228 shares in the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $28,000. Financial Network Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF in the first quarter valued at about $29,000. Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF in the first quarter worth about $30,000. Finally, Proathlete Wealth Management LLC bought a new position in iShares Russell 2000 ETF during the second quarter worth about $30,000.

iShares Russell 2000 ETF Trading Down 2.0%

NYSEARCA IWM opened at $232.76 on Tuesday. The stock’s 50 day moving average is $243.17 and its two-hundred day moving average is $226.63. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $252.77. The company has a market capitalization of $64.46 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

iShares Russell 2000 ETF Company 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.