Northwest Financial Advisors Has $400,000 Stake in iShares Russell 2000 ETF $IWM

Northwest Financial Advisors trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 13.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,854 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Northwest Financial Advisors’ holdings in iShares Russell 2000 ETF were worth $400,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Quaker Wealth Management LLC grew its position in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 228 shares during the period. Opal Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the second quarter worth $28,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the second quarter worth $30,000. Financial Network Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the first quarter worth $29,000. Finally, Brooklyn Investment Group bought a new stake in shares of iShares Russell 2000 ETF during the first quarter worth $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $248.96 on Wednesday. The stock’s fifty day moving average is $240.88 and its 200-day moving average is $221.24. The stock has a market capitalization of $70.29 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week 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.