Envestnet Asset Management Inc. Boosts Holdings in iShares Russell 2000 ETF $IWM

Envestnet Asset Management Inc. lifted its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,567,229 shares of the exchange traded fund’s stock after buying an additional 6,738 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $338,192,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 18.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock worth $6,062,000 after purchasing an additional 4,381 shares during the last quarter. Ellis Investment Partners LLC increased its holdings in iShares Russell 2000 ETF by 18.1% in the 2nd 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 in the last quarter. American National Bank & Trust increased its holdings in iShares Russell 2000 ETF by 52.7% in the 2nd quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock worth $2,562,000 after buying an additional 4,098 shares in the last quarter. Independent Wealth Network Inc. increased its holdings in iShares Russell 2000 ETF by 2.6% in the 2nd quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock worth $534,000 after buying an additional 62 shares in the last quarter. Finally, Wealth Architects LLC increased its holdings in iShares Russell 2000 ETF by 173.8% in the 2nd quarter. Wealth Architects LLC now owns 7,459 shares of the exchange traded fund’s stock worth $1,610,000 after buying an additional 4,735 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $249.43 on Monday. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77. The stock has a 50-day moving average of $239.98 and a 200 day moving average of $220.35. The company has a market capitalization of $70.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15.

iShares Russell 2000 ETF Company 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.