Grassi Investment Management Has $1.34 Million Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Grassi Investment Management raised its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,707 shares of the exchange traded fund’s stock after purchasing an additional 290 shares during the period. Grassi Investment Management’s holdings in iShares Russell 2000 ETF were worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IWM. JPMorgan Chase & Co. boosted its holdings in iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after buying an additional 1,446,443 shares during the last quarter. Brighton Jones LLC raised its position in shares of iShares Russell 2000 ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after acquiring an additional 2,221 shares during the period. Revolve Wealth Partners LLC boosted its stake in iShares Russell 2000 ETF by 13.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after acquiring an additional 1,431 shares during the last quarter. Golden State Equity Partners acquired a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $214,000. Finally, U.S. Capital Wealth Advisors LLC increased its stake in iShares Russell 2000 ETF by 165.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 6,680 shares of the exchange traded fund’s stock valued at $1,476,000 after purchasing an additional 4,166 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM opened at $208.44 on Thursday. The firm’s fifty day moving average is $196.47 and its two-hundred day moving average is $213.58. The firm has a market cap of $62.50 billion, a PE ratio of 16.63 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $244.98.

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.