Independent Wealth Network Inc. Boosts Holdings in iShares Russell 2000 ETF $IWM

Independent Wealth Network Inc. increased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,477 shares of the exchange traded fund’s stock after purchasing an additional 62 shares during the quarter. Independent Wealth Network Inc.’s holdings in iShares Russell 2000 ETF were worth $534,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IWM. Farther Finance Advisors LLC boosted its holdings in iShares Russell 2000 ETF by 18.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock valued at $6,062,000 after purchasing an additional 4,381 shares during the period. Nuveen Asset Management LLC boosted its position in shares of iShares Russell 2000 ETF by 66.9% during the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after acquiring an additional 4,400 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of iShares Russell 2000 ETF by 6.6% during the 1st quarter. Mackenzie Financial Corp now owns 80,059 shares of the exchange traded fund’s stock valued at $15,971,000 after acquiring an additional 4,939 shares during the last quarter. Pasadena Private Wealth LLC bought a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth $339,000. Finally, Assetmark Inc. lifted its stake in iShares Russell 2000 ETF by 29.3% during the first quarter. Assetmark Inc. now owns 2,509 shares of the exchange traded fund’s stock worth $501,000 after purchasing an additional 569 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.9%

IWM opened at $241.34 on Friday. The stock has a market capitalization of $69.02 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $247.18. The stock has a 50-day moving average price of $231.08 and a 200-day moving average price of $213.46.

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.