SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Invests $12.71 Million in iShares Russell 2000 ETF $IWM

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 51,848 shares of the exchange traded fund’s stock, valued at approximately $12,710,000. iShares Russell 2000 ETF makes up approximately 9.1% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC raised its holdings in shares of iShares Russell 2000 ETF by 1.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 48 shares in the last quarter. Crowley Wealth Management Inc. raised its stake in shares of iShares Russell 2000 ETF by 8.1% during the third quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 50 shares in the last quarter. Smart Portfolios LLC lifted its holdings in shares of iShares Russell 2000 ETF by 3.7% in the 3rd quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock worth $336,000 after acquiring an additional 50 shares during the last quarter. Traynor Capital Management Inc. boosted its stake in shares of iShares Russell 2000 ETF by 5.0% in the 3rd quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after purchasing an additional 51 shares in the last quarter. Finally, Firestone Capital Management boosted its stake in shares of iShares Russell 2000 ETF by 0.4% in the 2nd quarter. Firestone Capital Management now owns 15,459 shares of the exchange traded fund’s stock valued at $3,336,000 after purchasing an additional 54 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 3.6%

Shares of NYSEARCA:IWM opened at $265.02 on Monday. The stock has a market cap of $75.49 billion, a PE ratio of 17.69 and a beta of 1.13. The company’s fifty day moving average is $256.28 and its 200 day moving average is $244.00. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60.

iShares Russell 2000 ETF 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.