Axxcess Wealth Management LLC Raises Stock Holdings in iShares Russell 2000 ETF $IWM

Axxcess Wealth Management LLC boosted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 486.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 203,109 shares of the exchange traded fund’s stock after buying an additional 168,486 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $49,997,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of IWM. Cvfg LLC grew its stake in shares of iShares Russell 2000 ETF by 12.0% during the 4th quarter. Cvfg LLC now owns 4,523 shares of the exchange traded fund’s stock valued at $1,113,000 after purchasing an additional 483 shares during the period. Kingdom Financial Group LLC. bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $38,000. Addison Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $102,000. Van Hulzen Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $236,000. Finally, One Charles Private Wealth Services LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at about $1,657,000.

iShares Russell 2000 ETF Stock Up 0.9%

iShares Russell 2000 ETF stock opened at $282.49 on Friday. The business has a 50-day simple moving average of $264.79 and a two-hundred day simple moving average of $257.89. The company has a market cap of $78.45 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $199.65 and a 52-week high of $287.58.

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