Karp Capital Management Corp increased its stake in iShares Russell 2000 Index (NYSE:IWM) by 44.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,535 shares of the exchange traded fund’s stock after buying an additional 11,630 shares during the period. iShares Russell 2000 Index makes up about 2.6% of Karp Capital Management Corp’s investment portfolio, making the stock its 7th largest position. Karp Capital Management Corp’s holdings in iShares Russell 2000 Index were worth $5,289,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IWM. Pinnacle Wealth Management Advisory Group LLC increased its position in shares of iShares Russell 2000 Index by 1.1% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 8,438 shares of the exchange traded fund’s stock worth $1,189,000 after buying an additional 88 shares in the last quarter. Fagan Associates Inc. increased its position in shares of iShares Russell 2000 Index by 29.5% in the second quarter. Fagan Associates Inc. now owns 7,351 shares of the exchange traded fund’s stock worth $1,036,000 after buying an additional 1,675 shares in the last quarter. Intersect Capital LLC increased its position in shares of iShares Russell 2000 Index by 9.5% in the second quarter. Intersect Capital LLC now owns 18,690 shares of the exchange traded fund’s stock worth $2,634,000 after buying an additional 1,624 shares in the last quarter. RFG Advisory Group LLC increased its position in shares of iShares Russell 2000 Index by 83.9% in the second quarter. RFG Advisory Group LLC now owns 5,395 shares of the exchange traded fund’s stock worth $755,000 after buying an additional 2,462 shares in the last quarter. Finally, ProVise Management Group LLC increased its position in shares of iShares Russell 2000 Index by 30.0% in the second quarter. ProVise Management Group LLC now owns 9,489 shares of the exchange traded fund’s stock worth $1,337,000 after buying an additional 2,188 shares in the last quarter.

iShares Russell 2000 Index (NYSE:IWM) opened at 136.88 on Friday. iShares Russell 2000 Index has a one year low of $114.88 and a one year high of $144.25. The company has a 50-day moving average price of $139.76 and a 200-day moving average price of $138.50.

WARNING: “Karp Capital Management Corp Has $5.29 Million Stake in iShares Russell 2000 Index (IWM)” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/08/26/karp-capital-management-corp-has-5-29-million-stake-in-ishares-russell-2000-index-iwm.html.

About iShares Russell 2000 Index

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.

Institutional Ownership by Quarter for iShares Russell 2000 Index (NYSE:IWM)

Receive News & Stock Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related stocks with our FREE daily email newsletter.