M1 Capital Management LLC Buys 409 Shares of iShares Russell 2000 ETF $IWM

M1 Capital Management LLC grew its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 14.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,215 shares of the exchange traded fund’s stock after purchasing an additional 409 shares during the quarter. M1 Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $694,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWM. Ironwood Investment Counsel LLC raised its position in iShares Russell 2000 ETF by 2.8% during the first quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 50 shares in the last quarter. Occidental Asset Management LLC raised its position in iShares Russell 2000 ETF by 1.5% during the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock valued at $733,000 after acquiring an additional 51 shares in the last quarter. USAdvisors Wealth Management LLC raised its position in iShares Russell 2000 ETF by 0.6% during the first quarter. USAdvisors Wealth Management LLC now owns 9,385 shares of the exchange traded fund’s stock valued at $1,872,000 after acquiring an additional 53 shares in the last quarter. Catalyst Financial Partners LLC raised its position in iShares Russell 2000 ETF by 1.0% during the first quarter. Catalyst Financial Partners LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $1,058,000 after acquiring an additional 55 shares in the last quarter. Finally, Leo Wealth LLC raised its position in iShares Russell 2000 ETF by 1.9% during the second quarter. Leo Wealth LLC now owns 2,997 shares of the exchange traded fund’s stock valued at $647,000 after acquiring an additional 56 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 0.6%

Shares of IWM stock opened at $245.13 on Friday. The stock has a 50 day moving average of $234.91 and a 200 day moving average of $215.97. The stock has a market cap of $69.65 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $248.48.

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.