Pinnacle Wealth Management Advisory Group LLC Purchases 4,028 Shares of iShares Russell 2000 ETF $IWM

Pinnacle Wealth Management Advisory Group LLC lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,745 shares of the exchange traded fund’s stock after acquiring an additional 4,028 shares during the quarter. iShares Russell 2000 ETF makes up approximately 1.1% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 26th largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell 2000 ETF were worth $13,324,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Quaker Wealth Management LLC boosted its stake 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 worth $26,000 after purchasing an additional 228 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the second quarter valued at about $28,000. Proathlete Wealth Management LLC acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth about $30,000. Financial Network Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the 1st quarter worth about $29,000. Finally, Brooklyn Investment Group bought a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $30,000.

iShares Russell 2000 ETF Trading Up 0.5%

IWM opened at $241.61 on Friday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $252.77. The stock has a market capitalization of $66.91 billion, a PE ratio of 17.69 and a beta of 1.13. The firm has a 50-day moving average price of $242.70 and a two-hundred day moving average price of $224.50.

About iShares Russell 2000 ETF

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.