MB Generational Wealth LLC Takes Position in iShares Russell 2000 ETF $IWM

MB Generational Wealth LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,578 shares of the exchange traded fund’s stock, valued at approximately $866,000. iShares Russell 2000 ETF accounts for about 0.6% of MB Generational Wealth LLC’s investment portfolio, making the stock its 27th biggest holding.

A number of other large investors also recently bought and sold shares of the stock. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $12,710,000. Breakwater Capital Group boosted its holdings in iShares Russell 2000 ETF by 8.7% in the third quarter. Breakwater Capital Group now owns 3,702 shares of the exchange traded fund’s stock valued at $896,000 after acquiring an additional 296 shares during the last quarter. Aegis Wealth Management LLC boosted its holdings in iShares Russell 2000 ETF by 267.6% in the third quarter. Aegis Wealth Management LLC now owns 16,908 shares of the exchange traded fund’s stock valued at $4,091,000 after acquiring an additional 12,308 shares during the last quarter. Gables Capital Management Inc. grew its position in iShares Russell 2000 ETF by 4.0% during the third quarter. Gables Capital Management Inc. now owns 2,103 shares of the exchange traded fund’s stock valued at $509,000 after acquiring an additional 80 shares during the period. Finally, Cardinal Point Capital Management ULC increased its stake in iShares Russell 2000 ETF by 39.2% during the third quarter. Cardinal Point Capital Management ULC now owns 3,174 shares of the exchange traded fund’s stock worth $770,000 after acquiring an additional 894 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $265.02 on Monday. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60. The firm has a market capitalization of $75.49 billion, a P/E ratio of 17.69 and a beta of 1.13. The business’s 50-day simple moving average is $256.28 and its 200-day simple moving average is $244.00.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.