BIP Wealth LLC Grows Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

BIP Wealth LLC grew its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,183 shares of the exchange traded fund’s stock after purchasing an additional 6,375 shares during the period. iShares Russell 2000 ETF comprises about 1.4% of BIP Wealth LLC’s holdings, making the stock its 10th largest holding. BIP Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $21,246,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. PSI Advisors LLC boosted its position in iShares Russell 2000 ETF by 116.7% during the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 63 shares during the period. Centerpoint Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 625.0% during the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 125 shares during the last quarter. Cordant Inc. purchased a new position in shares of iShares Russell 2000 ETF in the second quarter worth about $30,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter worth about $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $228.96 on Tuesday. The business has a 50-day moving average of $222.34 and a 200 day moving average of $213.49. iShares Russell 2000 ETF has a 1-year low of $176.91 and a 1-year high of $242.39.

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.