Beta Wealth Group Inc. Invests $649,000 in iShares Russell 2000 ETF $IWM

Beta Wealth Group Inc. acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,683 shares of the exchange traded fund’s stock, valued at approximately $649,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Quaker Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares in the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $30,000. Pingora Partners LLC purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at approximately $32,000. Beacon Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at approximately $35,000. Finally, Pineridge Advisors LLC grew its holdings in iShares Russell 2000 ETF by 93.9% during the 2nd quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 92 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 1.3%

NYSEARCA IWM opened at $262.96 on Tuesday. The stock has a market cap of $74.90 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $271.60. The business has a fifty day moving average of $258.07 and a 200-day moving average of $245.74.

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.