Paulson Wealth Management Inc. Grows Position in iShares Russell 2000 ETF $IWM

Paulson Wealth Management Inc. grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,345 shares of the exchange traded fund’s stock after buying an additional 3,050 shares during the period. iShares Russell 2000 ETF accounts for about 8.1% of Paulson Wealth Management Inc.’s portfolio, making the stock its 4th biggest holding. Paulson Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $35,040,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWM. Bessemer Group Inc. raised its stake in iShares Russell 2000 ETF by 19.1% in the 4th quarter. Bessemer Group Inc. now owns 357,032 shares of the exchange traded fund’s stock valued at $87,889,000 after acquiring an additional 57,239 shares during the period. Thrivent Financial for Lutherans lifted its holdings in iShares Russell 2000 ETF by 8.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 66,508 shares of the exchange traded fund’s stock valued at $16,487,000 after purchasing an additional 5,348 shares during the last quarter. Maxele Advisors LLC boosted its position in iShares Russell 2000 ETF by 4.1% during the fourth quarter. Maxele Advisors LLC now owns 7,027 shares of the exchange traded fund’s stock worth $1,730,000 after purchasing an additional 277 shares during the period. Triton Wealth Management PLLC bought a new position in iShares Russell 2000 ETF during the fourth quarter worth $279,000. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 401.3% in the fourth quarter. Cornerstone Wealth Management LLC now owns 45,978 shares of the exchange traded fund’s stock valued at $11,318,000 after purchasing an additional 36,806 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $284.45 on Friday. The company’s 50-day moving average is $262.54 and its 200-day moving average is $256.82. The firm has a market capitalization of $78.99 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a fifty-two week low of $199.65 and a fifty-two week high of $287.58.

About iShares Russell 2000 ETF

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.