Future Fund LLC Invests $1.44 Million in iShares Russell 2000 ETF $IWM

Future Fund LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,651 shares of the exchange traded fund’s stock, valued at approximately $1,435,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC boosted its holdings in shares of 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 purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at $28,000. Financial Network Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $29,000. Brooklyn Investment Group acquired a new stake in iShares Russell 2000 ETF during the 1st quarter worth $30,000. Finally, Proathlete Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the 2nd quarter worth $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $241.61 on Friday. The company has a 50-day simple moving average of $242.70 and a 200-day simple moving average of $224.50. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77. The stock has a market capitalization of $66.91 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.