Smith Salley Wealth Management Buys 797 Shares of iShares Russell 2000 ETF $IWM

Smith Salley Wealth Management grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 78.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,811 shares of the exchange traded fund’s stock after acquiring an additional 797 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares Russell 2000 ETF were worth $391,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of IWM. Opal Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at approximately $29,000. Brooklyn Investment Group acquired a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $30,000. Proathlete Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF in the second quarter valued at $30,000. Finally, 1 North Wealth Services LLC acquired a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $34,000.

iShares Russell 2000 ETF Trading Up 0.9%

Shares of NYSEARCA IWM opened at $241.34 on Monday. The business has a fifty day simple moving average of $231.08 and a 200 day simple moving average of $213.66. The firm has a market capitalization of $69.02 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $247.18.

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.