First Heartland Consultants Inc. Raises Holdings in iShares Russell 2000 ETF $IWM

First Heartland Consultants Inc. grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 118.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 44,558 shares of the exchange traded fund’s stock after buying an additional 24,178 shares during the quarter. iShares Russell 2000 ETF accounts for about 0.9% of First Heartland Consultants Inc.’s investment portfolio, making the stock its 28th biggest holding. First Heartland Consultants Inc.’s holdings in iShares Russell 2000 ETF were worth $13,387,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Teamwork Financial Advisors LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth $219,000. OFS Enterprise LLC lifted its holdings in iShares Russell 2000 ETF by 0.8% in the second quarter. OFS Enterprise LLC now owns 120,029 shares of the exchange traded fund’s stock valued at $36,063,000 after acquiring an additional 951 shares during the period. Cooper Financial Group acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at $232,000. Ryan Investment Management Inc. boosted its position in shares of iShares Russell 2000 ETF by 84.7% during the 2nd quarter. Ryan Investment Management Inc. now owns 22,356 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 10,250 shares in the last quarter. Finally, Castle Rock Wealth Management LLC boosted its position in shares of iShares Russell 2000 ETF by 8.2% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 1,174 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 89 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.1%

NYSEARCA:IWM opened at $301.56 on Friday. The firm’s fifty day simple moving average is $294.09 and its 200-day simple moving average is $275.41. The stock has a market cap of $83.00 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a fifty-two week low of $219.74 and a fifty-two week high of $303.06.

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.