Genesis Financial Group LLC Has $5.45 Million Stake in iShares Russell 2000 ETF $IWM

Genesis Financial Group LLC boosted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 25.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,989 shares of the exchange traded fund’s stock after purchasing an additional 4,430 shares during the period. iShares Russell 2000 ETF comprises 3.4% of Genesis Financial Group LLC’s portfolio, making the stock its 9th largest holding. Genesis Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $5,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DSG Capital Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth $1,354,000. Horizon Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF during the first quarter valued at $22,859,000. Westwood Wealth Management bought a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $820,000. Apollon Wealth Management LLC lifted its holdings in iShares Russell 2000 ETF by 26.4% in the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after acquiring an additional 3,107 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in iShares Russell 2000 ETF by 214.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,762 shares of the exchange traded fund’s stock worth $21,603,000 after purchasing an additional 59,835 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 1.6%

iShares Russell 2000 ETF stock opened at $288.57 on Thursday. The business has a 50-day simple moving average of $292.78 and a two-hundred day simple moving average of $273.81. The company has a market cap of $78.36 billion, a P/E ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $302.72.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.