Marvin & Palmer Associates Inc. bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) in the second quarter, HoldingsChannel reports. The fund bought 6,950 shares of the exchange traded fund’s stock, valued at approximately $2,088,000. iShares Russell 2000 ETF accounts for 1.3% of Marvin & Palmer Associates Inc.’s portfolio, making the stock its 23rd biggest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Acumen Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Osbon Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $31,000. Tower View Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 1st quarter worth $32,000. Finally, Tucker Asset Management LLC purchased a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $32,000.
iShares Russell 2000 ETF Price Performance
iShares Russell 2000 ETF stock opened at $295.75 on Friday. The stock’s 50-day moving average is $297.35 and its 200-day moving average is $279.30. The company has a market cap of $81.41 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12 month low of $228.90 and a 12 month high of $305.18.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report).
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