Paulson Wealth Management Inc. Purchases 7,579 Shares of iShares Russell 2000 ETF $IWM

Paulson Wealth Management Inc. increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,354 shares of the exchange traded fund’s stock after purchasing an additional 7,579 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 7.7% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 4th largest holding. Paulson Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $29,855,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Quaker Wealth Management LLC lifted its stake in iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 228 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth $28,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the second quarter worth $30,000. Financial Network Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the first quarter valued at $29,000. Finally, Brooklyn Investment Group purchased a new stake in iShares Russell 2000 ETF in the first quarter valued at $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $240.35 on Friday. The company has a market capitalization of $66.56 billion, a P/E 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 $252.77. The business’s 50-day moving average is $242.57 and its two-hundred day moving average is $223.83.

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.