Xcel Wealth Management LLC Has $360,000 Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Xcel Wealth Management LLC lifted its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,627 shares of the exchange traded fund’s stock after purchasing an additional 49 shares during the period. Xcel Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $360,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $505,000. Ritholtz Wealth Management lifted its position in shares of iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after buying an additional 339 shares during the last quarter. Legacy Trust raised its stake in shares of iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after buying an additional 295 shares during the last quarter. Finally, Aurelius Family Office LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $1,244,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $214.65 on Friday. The company has a market cap of $68.75 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The firm has a 50 day simple moving average of $223.56 and a 200 day simple moving average of $223.83. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week 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.