Southern Capital Advisors LLC Boosts Stake in iShares Russell 2000 ETF $IWM

Southern Capital Advisors LLC grew its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,927 shares of the exchange traded fund’s stock after acquiring an additional 574 shares during the quarter. iShares Russell 2000 ETF comprises 0.9% of Southern Capital Advisors LLC’s portfolio, making the stock its 25th biggest position. Southern Capital Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,711,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IWM. Opal Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF in the second quarter valued at approximately $28,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the first quarter worth $29,000. Brooklyn Investment Group purchased a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at $30,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at $30,000. Finally, 1 North Wealth Services LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at $34,000.

iShares Russell 2000 ETF Trading Down 1.0%

Shares of iShares Russell 2000 ETF stock opened at $239.29 on Friday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $247.18. The stock has a market cap of $68.44 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The company has a fifty day moving average price of $230.70 and a 200 day moving average price of $213.18.

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.