iShares Russell 2000 ETF $IWM Stock Position Raised by Cavalier Investments LLC

Cavalier Investments LLC raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 499.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,935 shares of the exchange traded fund’s stock after purchasing an additional 49,940 shares during the quarter. iShares Russell 2000 ETF accounts for about 1.2% of Cavalier Investments LLC’s holdings, making the stock its 10th biggest holding. Cavalier Investments LLC’s holdings in iShares Russell 2000 ETF were worth $14,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IWM. Investment Counsel Co. of Nevada purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $26,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth $30,000. Pingora Partners LLC purchased a new position in iShares Russell 2000 ETF in the second quarter worth $32,000. Beacon Capital Management Inc. purchased a new position in iShares Russell 2000 ETF in the second quarter worth $35,000. Finally, GGM Financials LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at $35,000.

iShares Russell 2000 ETF Stock Down 0.3%

NYSEARCA IWM opened at $246.59 on Friday. The stock’s 50-day simple moving average is $261.08 and its two-hundred day simple moving average is $250.05. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60. The company has a market capitalization of $70.24 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.