Envestnet Asset Management Inc. Buys 6,738 Shares of iShares Russell 2000 ETF $IWM

Envestnet Asset Management Inc. boosted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,567,229 shares of the exchange traded fund’s stock after acquiring an additional 6,738 shares during the period. Envestnet Asset Management Inc. owned 0.54% of iShares Russell 2000 ETF worth $338,192,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the second quarter valued at $28,000. Financial Network Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the first quarter valued at $29,000. Brooklyn Investment Group purchased a new position in iShares Russell 2000 ETF during the first quarter valued at $30,000. Proathlete Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the second quarter valued at $30,000. Finally, 1 North Wealth Services LLC purchased a new position in iShares Russell 2000 ETF during the first quarter valued at $34,000.

iShares Russell 2000 ETF Trading Up 1.2%

Shares of iShares Russell 2000 ETF stock opened at $249.43 on Monday. The firm has a market capitalization of $70.25 billion, a P/E ratio of 17.69 and a beta of 1.15. The business has a fifty day simple moving average of $239.98 and a two-hundred day simple moving average of $220.35. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $252.77.

iShares Russell 2000 ETF 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.