Granite Bay Wealth Management LLC Acquires 2,822 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Granite Bay Wealth Management LLC raised its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 88.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,000 shares of the exchange traded fund’s stock after buying an additional 2,822 shares during the period. Granite Bay Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in IWM. Atala Financial Inc purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Conquis Financial LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $30,000. Thompson Investment Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $32,000. Navigoe LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $33,000. Finally, Marshall Investment Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at about $35,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $209.03 on Wednesday. The firm has a 50-day moving average of $196.31 and a 200-day moving average of $213.62. The company has a market cap of $62.68 billion, a P/E ratio of 16.63 and a beta of 1.11. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $244.98.

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.