Riverpoint Wealth Management Holdings LLC Has $2.09 Million Stock Position in iShares Russell 2000 ETF $IWM

Riverpoint Wealth Management Holdings LLC boosted its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 29.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 9,676 shares of the exchange traded fund’s stock after purchasing an additional 2,192 shares during the period. iShares Russell 2000 ETF comprises 0.5% of Riverpoint Wealth Management Holdings LLC’s holdings, making the stock its 21st largest position. Riverpoint Wealth Management Holdings LLC’s holdings in iShares Russell 2000 ETF were worth $2,088,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in iShares Russell 2000 ETF by 1,186.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock valued at $10,228,208,000 after purchasing an additional 47,286,837 shares during the last quarter. Empower Advisory Group LLC lifted its position in iShares Russell 2000 ETF by 3.4% during the first quarter. Empower Advisory Group LLC now owns 8,144,065 shares of the exchange traded fund’s stock worth $1,624,660,000 after acquiring an additional 265,987 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares Russell 2000 ETF by 59.8% during the first quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock worth $1,205,746,000 after acquiring an additional 2,262,696 shares during the last quarter. Northern Trust Corp lifted its position in iShares Russell 2000 ETF by 0.8% during the first quarter. Northern Trust Corp now owns 4,053,871 shares of the exchange traded fund’s stock worth $808,707,000 after acquiring an additional 31,261 shares during the last quarter. Finally, US Bancorp DE lifted its position in iShares Russell 2000 ETF by 2.7% during the first quarter. US Bancorp DE now owns 3,969,039 shares of the exchange traded fund’s stock worth $791,808,000 after acquiring an additional 104,693 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 3.0%

Shares of IWM stock opened at $237.79 on Monday. The firm has a 50 day moving average price of $235.37 and a two-hundred day moving average price of $216.34. The company has a market capitalization of $66.69 billion, a PE 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 $248.48.

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.