Cardinal Point Capital Management ULC Makes New Investment in iShares Russell 2000 ETF $IWM

Cardinal Point Capital Management ULC acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 2,280 shares of the exchange traded fund’s stock, valued at approximately $492,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bernard Wealth Management Corp. lifted its stake in shares of iShares Russell 2000 ETF by 0.8% in the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock valued at $1,290,000 after buying an additional 47 shares during the period. Ironwood Investment Counsel LLC lifted its stake in shares of iShares Russell 2000 ETF by 2.8% in the first quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock valued at $366,000 after buying an additional 50 shares during the period. Occidental Asset Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 1.5% in the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 51 shares during the period. USAdvisors Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 0.6% in 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 buying an additional 53 shares during the period. Finally, Catalyst Financial Partners LLC lifted its stake in shares of iShares Russell 2000 ETF by 1.0% in 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 buying an additional 55 shares during the period.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $249.43 on Friday. The firm has a 50-day simple moving average of $239.98 and a 200 day simple moving average of $219.82. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $252.77. The stock has a market cap of $70.25 billion, a PE 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.