Fiduciary Wealth Partners LLC Takes $114,000 Position in iShares Russell 2000 ETF $IWM

Fiduciary Wealth Partners LLC bought a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 530 shares of the exchange traded fund’s stock, valued at approximately $114,000.

A number of other hedge funds have also made changes to their positions in IWM. Waldron Private Wealth LLC grew its holdings in iShares Russell 2000 ETF by 7.1% during the 2nd quarter. Waldron Private Wealth LLC now owns 6,189 shares of the exchange traded fund’s stock valued at $1,336,000 after purchasing an additional 408 shares in the last quarter. Brian Low Financial Group LLC acquired a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at $839,000. Focus Partners Advisor Solutions LLC grew its holdings in iShares Russell 2000 ETF by 2.1% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 24,043 shares of the exchange traded fund’s stock valued at $5,188,000 after purchasing an additional 496 shares in the last quarter. Carrera Capital Advisors grew its holdings in iShares Russell 2000 ETF by 1.4% during the 2nd quarter. Carrera Capital Advisors now owns 9,255 shares of the exchange traded fund’s stock valued at $1,997,000 after purchasing an additional 125 shares in the last quarter. Finally, Pinnacle Wealth Management Group Inc. grew its holdings in iShares Russell 2000 ETF by 4.6% during the 2nd quarter. Pinnacle Wealth Management Group Inc. now owns 21,245 shares of the exchange traded fund’s stock valued at $4,584,000 after purchasing an additional 926 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.2%

IWM opened at $249.43 on Friday. The company has a fifty day simple moving average of $239.98 and a 200 day simple moving average of $220.14. The firm has a market cap of $70.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $252.77.

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.