Maxele Advisors LLC Acquires Shares of 6,750 iShares Russell 2000 ETF $IWM

Maxele Advisors LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,750 shares of the exchange traded fund’s stock, valued at approximately $1,633,000. iShares Russell 2000 ETF comprises 1.4% of Maxele Advisors LLC’s portfolio, making the stock its 19th biggest position.

A number of other large investors have also recently made changes to their positions in the company. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF in the third quarter worth about $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $30,000. GGM Financials LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $35,000. Finally, Pingora Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF in the second quarter worth approximately $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $248.92 on Tuesday. The stock has a 50 day moving average price of $261.00 and a 200 day moving average price of $250.24. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $271.60. The firm has a market capitalization of $70.90 billion, a P/E ratio of 17.69 and a beta of 1.13.

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