Laffer Tengler Investments Inc. Invests $282,000 in iShares Russell 2000 ETF $IWM

Laffer Tengler Investments Inc. purchased a new stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,305 shares of the exchange traded fund’s stock, valued at approximately $282,000.

Other large investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at about $28,000. Financial Network Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at about $29,000. Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF in the first quarter valued at about $30,000. Finally, Proathlete Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the second quarter worth about $30,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $241.61 on Monday. The firm has a 50-day simple moving average of $242.70 and a two-hundred day simple moving average of $224.74. The stock has a market cap of $66.91 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $252.77.

iShares Russell 2000 ETF Company 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.