Braeburn Wealth Management LLC Buys New Holdings in iShares Russell 2000 ETF $IWM

Braeburn Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 11,790 shares of the exchange traded fund’s stock, valued at approximately $3,542,000. iShares Russell 2000 ETF accounts for approximately 1.5% of Braeburn Wealth Management LLC’s investment portfolio, making the stock its 12th largest position.

Other institutional investors have also recently bought and sold shares of the company. DSG Capital Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $1,354,000. Horizon Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF in the first quarter valued at about $22,859,000. Bryn Mawr Trust Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 37.8% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock worth $2,400,000 after buying an additional 2,654 shares during the last quarter. FSA Wealth Partners Inc. lifted its stake in shares of iShares Russell 2000 ETF by 31.2% during the 4th quarter. FSA Wealth Partners Inc. now owns 33,490 shares of the exchange traded fund’s stock worth $8,244,000 after buying an additional 7,968 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares Russell 2000 ETF by 214.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 87,762 shares of the exchange traded fund’s stock worth $21,603,000 after buying an additional 59,835 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $303.50 on Friday. iShares Russell 2000 ETF has a 52 week low of $223.69 and a 52 week high of $305.05. The company has a market capitalization of $83.54 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The company has a 50-day simple moving average of $295.02 and a 200 day simple moving average of $276.48.

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.