Brookstone Capital Management Purchases 20,049 Shares of iShares Russell 2000 ETF $IWM

Brookstone Capital Management lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 268,074 shares of the exchange traded fund’s stock after purchasing an additional 20,049 shares during the quarter. iShares Russell 2000 ETF comprises 0.8% of Brookstone Capital Management’s investment portfolio, making the stock its 22nd biggest holding. Brookstone Capital Management owned approximately 0.10% of iShares Russell 2000 ETF worth $64,863,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IWM. Quaker Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 228 shares in the last quarter. Opal Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the 2nd quarter valued at about $28,000. Proathlete Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the second quarter worth about $30,000. Pingora Partners LLC purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $32,000. Finally, 1 North Wealth Services LLC purchased a new position in shares of iShares Russell 2000 ETF during the first quarter valued at approximately $34,000.

iShares Russell 2000 ETF Stock Up 0.2%

Shares of IWM opened at $252.71 on Thursday. The business’s 50 day moving average price is $245.82 and its 200-day moving average price is $234.44. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $258.20. The stock has a market cap of $69.99 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.