Axxcess Wealth Management LLC Boosts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Axxcess Wealth Management LLC boosted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 36.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 47,942 shares of the exchange traded fund’s stock after purchasing an additional 12,922 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $10,593,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IWM. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at $25,000. Field & Main Bank purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Atala Financial Inc purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC purchased a new position in iShares Russell 2000 ETF during the third quarter worth about $31,000.

iShares Russell 2000 ETF Trading Up 1.3 %

NYSEARCA IWM opened at $205.45 on Tuesday. The business’s 50-day moving average price is $219.46 and its 200 day moving average price is $223.12. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The company has a market capitalization of $66.40 billion, a PE ratio of 16.20 and a beta of 1.19.

iShares Russell 2000 ETF 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.