Sax Wealth Advisors LLC Raises Position in iShares Russell 2000 ETF $IWM

Sax Wealth Advisors LLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 79.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,018 shares of the exchange traded fund’s stock after buying an additional 1,777 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,207,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IWM. Bank of America Corp DE boosted its stake in shares of iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after acquiring an additional 51,952,453 shares during the last quarter. Rafferty Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Northern Trust Corp raised its stake in iShares Russell 2000 ETF by 3.2% in the 4th quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after purchasing an additional 130,667 shares during the last quarter. HRT Financial LP raised its stake in iShares Russell 2000 ETF by 112.9% in the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after purchasing an additional 2,184,265 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares Russell 2000 ETF by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after purchasing an additional 197,189 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $301.56 on Monday. iShares Russell 2000 ETF has a 52-week low of $219.74 and a 52-week high of $303.06. The firm’s fifty day moving average is $294.09 and its two-hundred day moving average is $275.48. The stock has a market cap of $83.00 billion, a PE ratio of 17.69 and a beta of 1.11.

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.