Cornerstone Wealth Group LLC Has $2.69 Million Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Cornerstone Wealth Group LLC increased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 67.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,797 shares of the exchange traded fund’s stock after purchasing an additional 5,172 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 2000 ETF were worth $2,691,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley boosted its position in shares of iShares Russell 2000 ETF by 34.8% during the third quarter. Morgan Stanley now owns 19,634,415 shares of the exchange traded fund’s stock valued at $3,470,187,000 after buying an additional 5,063,767 shares during the last quarter. Private Advisor Group LLC increased its stake in iShares Russell 2000 ETF by 104.5% in the 4th quarter. Private Advisor Group LLC now owns 193,264 shares of the exchange traded fund’s stock valued at $38,786,000 after buying an additional 4,492,092 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of iShares Russell 2000 ETF by 20,707.4% during the 4th quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock worth $897,019,000 after buying an additional 4,447,751 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 84.1% in the 4th quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock worth $1,723,033,000 after buying an additional 3,921,131 shares during the last quarter. Finally, Granite Bay Wealth Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 1,331.4% in the fourth quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock valued at $782,581,000 after acquiring an additional 3,626,670 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM traded up $0.83 on Friday, reaching $202.89. 35,025,979 shares of the company’s stock traded hands, compared to its average volume of 24,331,016. The stock’s 50 day simple moving average is $202.55 and its two-hundred day simple moving average is $200.78. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $211.88.

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.