Gainplan LLC Makes New $24.22 Million Investment in iShares Russell 2000 ETF $IWM

Gainplan LLC acquired a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 100,089 shares of the exchange traded fund’s stock, valued at approximately $24,218,000. iShares Russell 2000 ETF makes up about 10.3% of Gainplan LLC’s portfolio, making the stock its 3rd largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC increased its position in shares of iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the period. Opal Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF during the second quarter valued at about $28,000. Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF during the first quarter worth about $30,000. Proathlete Wealth Management LLC bought a new stake in iShares Russell 2000 ETF in the second quarter worth about $30,000. Finally, Pingora Partners LLC acquired a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at about $32,000.

iShares Russell 2000 ETF Trading Up 0.6%

NYSEARCA:IWM opened at $248.71 on Friday. The company has a 50-day moving average of $245.24 and a 200-day moving average of $233.05. The firm has a market cap of $68.88 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $258.20.

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.