iShares Russell 2000 ETF $IWM Shares Purchased by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.0% during the 2nd quarter, Holdings Channel reports. The fund owned 16,336 shares of the exchange traded fund’s stock after purchasing an additional 925 shares during the quarter. iShares Russell 2000 ETF makes up about 1.8% of Summit Place Financial Advisors LLC’s investment portfolio, making the stock its 20th largest position. Summit Place Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $3,525,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the second quarter worth about $28,000. Financial Network Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the first quarter worth about $29,000. Brooklyn Investment Group acquired a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $30,000. Proathlete Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at approximately $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $34,000.

iShares Russell 2000 ETF Trading Down 3.0%

Shares of IWM opened at $237.79 on Friday. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $248.48. The stock’s 50 day moving average is $235.37 and its two-hundred day moving average is $216.18. The firm has a market cap of $67.57 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.