Moran Wealth Management LLC Buys New Stake in iShares Russell 2000 ETF $IWM

Moran Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,414 shares of the exchange traded fund’s stock, valued at approximately $840,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Angeles Investment Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 29,431.2% in the third quarter. Angeles Investment Advisors LLC now owns 224,142 shares of the exchange traded fund’s stock worth $54,233,000 after buying an additional 223,383 shares during the last quarter. Cobblestone Capital Advisors LLC NY lifted its stake in shares of iShares Russell 2000 ETF by 22.5% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after buying an additional 6,002 shares during the period. Capstone Wealth Management Group LLC acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter worth $6,291,000. Citizens Financial Group Inc. RI lifted its stake in shares of iShares Russell 2000 ETF by 1.1% during the third quarter. Citizens Financial Group Inc. RI now owns 386,528 shares of the exchange traded fund’s stock worth $93,524,000 after buying an additional 4,061 shares during the period. Finally, State of Wyoming lifted its stake in shares of iShares Russell 2000 ETF by 241.9% during the third quarter. State of Wyoming now owns 5,300 shares of the exchange traded fund’s stock worth $1,282,000 after buying an additional 3,750 shares during the period.

iShares Russell 2000 ETF Trading Up 0.6%

NYSEARCA:IWM opened at $277.35 on Tuesday. iShares Russell 2000 ETF has a 12 month low of $180.76 and a 12 month high of $277.67. The firm has a fifty day simple moving average of $257.27 and a 200-day simple moving average of $253.00. The company has a market capitalization of $77.63 billion, a P/E ratio of 17.69 and a beta of 1.09.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.