Gainplan LLC Purchases Shares of 60,697 iShares Russell 2000 ETF $IWM

Gainplan LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,697 shares of the exchange traded fund’s stock, valued at approximately $18,236,000. iShares Russell 2000 ETF comprises about 7.2% of Gainplan LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds also recently modified their holdings of the company. Mechanics Bank Trust Department boosted its holdings in shares of iShares Russell 2000 ETF by 49.4% in the 2nd quarter. Mechanics Bank Trust Department now owns 5,070 shares of the exchange traded fund’s stock worth $1,523,000 after acquiring an additional 1,676 shares in the last quarter. Mirador Capital Partners LP grew its position in iShares Russell 2000 ETF by 2.9% during the 2nd quarter. Mirador Capital Partners LP now owns 1,274 shares of the exchange traded fund’s stock worth $383,000 after acquiring an additional 36 shares during the last quarter. Grant Private Wealth Management Inc acquired a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at $226,000. Avior Wealth Management LLC increased its holdings in iShares Russell 2000 ETF by 47.9% during the 2nd quarter. Avior Wealth Management LLC now owns 14,277 shares of the exchange traded fund’s stock valued at $4,260,000 after purchasing an additional 4,627 shares in the last quarter. Finally, Value Investment Professionals LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $2,700,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $299.77 on Thursday. The company has a market cap of $82.51 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The stock has a fifty day moving average price of $293.74 and a two-hundred day moving average price of $275.00. iShares Russell 2000 ETF has a 52-week low of $218.51 and a 52-week high of $303.06.

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.