Granite Bay Wealth Management LLC Purchases New Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Granite Bay Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 3,178 shares of the exchange traded fund’s stock, valued at approximately $702,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. lifted its stake in shares of iShares Russell 2000 ETF by 20.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 38,856 shares of the exchange traded fund’s stock worth $7,883,000 after acquiring an additional 6,603 shares during the period. Rathbones Group PLC raised its holdings in iShares Russell 2000 ETF by 15.2% during the second quarter. Rathbones Group PLC now owns 19,572 shares of the exchange traded fund’s stock worth $3,971,000 after purchasing an additional 2,580 shares in the last quarter. Financial Perspectives Inc lifted its position in iShares Russell 2000 ETF by 10.3% in the second quarter. Financial Perspectives Inc now owns 2,372 shares of the exchange traded fund’s stock valued at $481,000 after purchasing an additional 222 shares during the period. Perissos Private Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at about $937,000. Finally, Quantbot Technologies LP boosted its holdings in iShares Russell 2000 ETF by 99.3% in the 2nd quarter. Quantbot Technologies LP now owns 24,332 shares of the exchange traded fund’s stock valued at $4,937,000 after purchasing an additional 12,123 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $217.25 on Tuesday. The stock has a 50 day simple moving average of $230.76 and a 200-day simple moving average of $220.90. iShares Russell 2000 ETF has a 12-month low of $187.52 and a 12-month high of $244.98.

iShares Russell 2000 ETF Company 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.