Gendell Jeffrey L Purchases New Shares in iShares Russell 2000 ETF $IWM

Gendell Jeffrey L purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the second quarter, HoldingsChannel reports. The fund purchased 170,000 shares of the exchange traded fund’s stock, valued at approximately $36,684,000. iShares Russell 2000 ETF comprises 1.0% of Gendell Jeffrey L’s investment portfolio, making the stock its 4th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of IWM. Bernard Wealth Management Corp. grew its position in shares of iShares Russell 2000 ETF by 0.8% during the 2nd quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock worth $1,290,000 after purchasing an additional 47 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in shares of iShares Russell 2000 ETF by 1.5% in the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 48 shares during the period. Occidental Asset Management LLC grew its position in iShares Russell 2000 ETF by 1.5% during the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock worth $733,000 after buying an additional 51 shares in the last quarter. Firestone Capital Management grew its position in iShares Russell 2000 ETF by 0.4% during the second quarter. Firestone Capital Management now owns 15,459 shares of the exchange traded fund’s stock worth $3,336,000 after buying an additional 54 shares in the last quarter. Finally, Leo Wealth LLC increased its stake in iShares Russell 2000 ETF by 1.9% during the 2nd quarter. Leo Wealth LLC now owns 2,997 shares of the exchange traded fund’s stock worth $647,000 after acquiring an additional 56 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $253.85 on Friday. The business has a fifty day moving average price of $244.94 and a two-hundred day moving average price of $231.85. The stock has a market capitalization of $70.30 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $258.20.

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.