Concord Asset Management LLC VA Makes New Investment in iShares Russell 2000 ETF $IWM

Concord Asset Management LLC VA bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 2,234 shares of the exchange traded fund’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in IWM. Riverpoint Wealth Management Holdings LLC increased its position in iShares Russell 2000 ETF by 29.3% during the 2nd quarter. Riverpoint Wealth Management Holdings LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,088,000 after purchasing an additional 2,192 shares during the period. Pandora Wealth Inc. boosted its stake in shares of iShares Russell 2000 ETF by 5.4% during the second quarter. Pandora Wealth Inc. now owns 1,942 shares of the exchange traded fund’s stock valued at $419,000 after purchasing an additional 100 shares in the last quarter. Welch Group LLC lifted its holdings in iShares Russell 2000 ETF by 37.7% during the second quarter. Welch Group LLC now owns 2,014 shares of the exchange traded fund’s stock worth $435,000 after buying an additional 551 shares during the period. Gordian Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the second quarter worth $200,000. Finally, Ellis Investment Partners LLC lifted its holdings in iShares Russell 2000 ETF by 18.1% during the second quarter. Ellis Investment Partners LLC now owns 2,669 shares of the exchange traded fund’s stock worth $576,000 after buying an additional 409 shares during the period.

iShares Russell 2000 ETF Trading Up 2.8%

IWM opened at $244.41 on Tuesday. The firm has a market cap of $68.54 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $248.48. The stock has a fifty day moving average price of $235.86 and a 200-day moving average price of $216.64.

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.