Spahn Wealth & Retirement LLC Buys Shares of 68,358 iShares Russell 2000 ETF (NYSEARCA:IWM)

Spahn Wealth & Retirement LLC purchased a new stake in iShares Russell 2000 ETF (NYSEARCA:IWM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 68,358 shares of the exchange traded fund’s stock, valued at approximately $15,104,000. iShares Russell 2000 ETF makes up about 9.9% of Spahn Wealth & Retirement LLC’s investment portfolio, making the stock its 2nd largest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Field & Main Bank purchased a new position in iShares Russell 2000 ETF during the fourth quarter worth $27,000. Atala Financial Inc acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth $27,000. Insight Inv LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth $30,000. Finally, Thompson Investment Management Inc. purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Trading Up 1.6 %

iShares Russell 2000 ETF stock opened at $202.66 on Thursday. The stock has a 50-day moving average price of $214.86 and a 200 day moving average price of $222.31. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The stock has a market cap of $64.88 billion, a PE ratio of 15.93 and a beta of 1.12.

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.