NewEdge Advisors LLC Buys 3,733 Shares of iShares Russell 2000 ETF $IWM

NewEdge Advisors LLC increased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 109,040 shares of the exchange traded fund’s stock after purchasing an additional 3,733 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $32,761,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BayBridge Capital Group LLC grew its holdings in shares of iShares Russell 2000 ETF by 13.0% in the second quarter. BayBridge Capital Group LLC now owns 27,675 shares of the exchange traded fund’s stock worth $8,315,000 after purchasing an additional 3,179 shares during the last quarter. Hudock Inc. purchased a new position in iShares Russell 2000 ETF in the 2nd quarter worth about $220,000. Paragon Capital Management Ltd bought a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at about $211,000. Range Advisory LLC lifted its holdings in iShares Russell 2000 ETF by 24.7% during the 2nd quarter. Range Advisory LLC now owns 11,215 shares of the exchange traded fund’s stock valued at $3,369,000 after buying an additional 2,219 shares in the last quarter. Finally, Corient Private Wealth LP boosted its position in iShares Russell 2000 ETF by 4.8% in the 2nd quarter. Corient Private Wealth LP now owns 524,135 shares of the exchange traded fund’s stock valued at $157,477,000 after buying an additional 23,954 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA IWM opened at $290.64 on Thursday. The firm has a market capitalization of $80.00 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The stock has a 50 day moving average price of $296.62 and a 200 day moving average price of $281.10. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18.

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.