Americana Partners LLC Increases Position in iShares Russell 2000 ETF $IWM

Americana Partners LLC grew its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 74.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,617 shares of the exchange traded fund’s stock after purchasing an additional 5,394 shares during the quarter. Americana Partners LLC’s holdings in iShares Russell 2000 ETF were worth $3,053,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Quaker Wealth Management LLC raised its stake in 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 buying an additional 228 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth about $28,000. Pingora Partners LLC purchased a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at about $32,000. Beacon Capital Management Inc. purchased a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at about $35,000. Finally, Pineridge Advisors LLC raised its position in shares of 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 worth $41,000 after acquiring an additional 92 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 1.2%

IWM stock opened at $262.58 on Wednesday. The business has a 50 day moving average price of $250.02 and a 200 day moving average price of $240.25. The stock has a market cap of $76.88 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 $267.21.

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.