Greenberg Financial Group Purchases New Holdings in iShares Russell 2000 ETF $IWM

Greenberg Financial Group purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 40,023 shares of the exchange traded fund’s stock, valued at approximately $9,852,000. iShares Russell 2000 ETF makes up 4.1% of Greenberg Financial Group’s investment portfolio, making the stock its 6th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Investment Counsel Co. of Nevada acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth $28,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter worth $30,000. Pingora Partners LLC bought a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at $32,000. Finally, FWL Investment Management LLC lifted its position in iShares Russell 2000 ETF by 340.0% in the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 102 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 3.0%

IWM opened at $260.47 on Thursday. The firm’s fifty day simple moving average is $256.20 and its 200 day simple moving average is $251.44. iShares Russell 2000 ETF has a 12 month low of $171.74 and a 12 month high of $271.60. The stock has a market capitalization of $74.95 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.