Value Investment Professionals LLC Invests $2.70 Million in iShares Russell 2000 ETF $IWM

Value Investment Professionals LLC purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,986 shares of the exchange traded fund’s stock, valued at approximately $2,700,000. iShares Russell 2000 ETF comprises about 2.3% of Value Investment Professionals LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. DSG Capital Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $1,354,000. Horizon Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the first quarter valued at approximately $22,859,000. Apollon Wealth Management LLC boosted its stake in iShares Russell 2000 ETF by 26.4% in the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after acquiring an additional 3,107 shares during the last quarter. FSA Wealth Partners Inc. boosted its stake in iShares Russell 2000 ETF by 31.2% in the fourth quarter. FSA Wealth Partners Inc. now owns 33,490 shares of the exchange traded fund’s stock valued at $8,244,000 after acquiring an additional 7,968 shares during the last quarter. Finally, Bryn Mawr Trust Advisors LLC grew its holdings in iShares Russell 2000 ETF by 37.8% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock worth $2,400,000 after acquiring an additional 2,654 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $301.71 on Wednesday. The firm has a fifty day moving average of $293.55 and a two-hundred day moving average of $274.76. The stock has a market capitalization of $83.05 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $218.24 and a 52 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.