Financial Gravity Companies Inc. Invests $219,000 in iShares Russell 2000 ETF $IWM

Financial Gravity Companies Inc. purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,015 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also bought and sold shares of IWM. Goldman Sachs Group Inc. boosted its position in shares of iShares Russell 2000 ETF by 1,186.6% during the first quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock worth $10,228,208,000 after purchasing an additional 47,286,837 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares Russell 2000 ETF by 59.8% during the 1st quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock worth $1,205,746,000 after buying an additional 2,262,696 shares during the period. Canada Pension Plan Investment Board lifted its holdings in iShares Russell 2000 ETF by 74.7% during the first quarter. Canada Pension Plan Investment Board now owns 3,010,000 shares of the exchange traded fund’s stock worth $600,465,000 after acquiring an additional 1,287,000 shares in the last quarter. 59 North Capital Management LP grew its stake in iShares Russell 2000 ETF by 107.8% in the first quarter. 59 North Capital Management LP now owns 1,731,163 shares of the exchange traded fund’s stock valued at $345,350,000 after acquiring an additional 898,067 shares during the period. Finally, Alaska Permanent Fund Corp increased its holdings in shares of iShares Russell 2000 ETF by 286.9% in the first quarter. Alaska Permanent Fund Corp now owns 1,197,502 shares of the exchange traded fund’s stock worth $233,345,000 after acquiring an additional 887,984 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $237.48 on Friday. The stock’s 50-day moving average is $243.28 and its 200-day moving average is $226.15. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77. The firm has a market cap of $65.77 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.