Diversify Wealth Management LLC Has $28.93 Million Stake in iShares Russell 2000 ETF $IWM

Diversify Wealth Management LLC raised its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2,303.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,321 shares of the exchange traded fund’s stock after buying an additional 101,898 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $28,928,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Acumen Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter worth approximately $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $31,000. Columbia Asset Management bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000. Finally, Tucker Asset Management LLC bought a new stake in iShares Russell 2000 ETF during the fourth quarter worth approximately $32,000.

iShares Russell 2000 ETF Stock Down 0.4%

IWM stock traded down $1.25 during midday trading on Friday, hitting $295.99. 15,882,220 shares of the company traded hands, compared to its average volume of 35,758,820. iShares Russell 2000 ETF has a twelve month low of $212.34 and a twelve month high of $302.72. The stock has a market capitalization of $82.29 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The business has a 50 day simple moving average of $289.60 and a 200-day simple moving average of $269.86.

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.