Transcendent Capital Group LLC Invests $3.64 Million in iShares Russell 2000 ETF $IWM

Transcendent Capital Group LLC acquired a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 16,865 shares of the exchange traded fund’s stock, valued at approximately $3,639,000. iShares Russell 2000 ETF accounts for 1.9% of Transcendent Capital Group LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in IWM. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the second quarter worth about $28,000. Financial Network Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF during the 1st quarter worth approximately $29,000. Brooklyn Investment Group purchased a new stake in iShares Russell 2000 ETF in the 1st quarter worth approximately $30,000. Proathlete Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $30,000. Finally, 1 North Wealth Services LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at $34,000.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $237.79 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $248.48. The stock has a market cap of $67.57 billion, a P/E ratio of 17.69 and a beta of 1.15. The firm’s fifty day moving average price is $235.37 and its 200-day moving average price is $216.26.

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.