Belpointe Asset Management LLC Boosts Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Belpointe Asset Management LLC lifted its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 25.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,811 shares of the exchange traded fund’s stock after purchasing an additional 7,584 shares during the period. Belpointe Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $8,102,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth $4,672,147,000. Jones Financial Companies Lllp raised its stake in shares of iShares Russell 2000 ETF by 4.4% in the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after acquiring an additional 352,358 shares in the last quarter. Empower Advisory Group LLC boosted its holdings in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after purchasing an additional 199,487 shares during the period. JPMorgan Chase & Co. grew its stake in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Finally, M&T Bank Corp increased its holdings in iShares Russell 2000 ETF by 1.9% during the 3rd quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock worth $670,800,000 after purchasing an additional 55,800 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $184.36 on Monday. The business’s 50-day moving average is $206.90 and its two-hundred day moving average is $219.97. The firm has a market capitalization of $59.02 billion, a P/E ratio of 15.93 and a beta of 1.12. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98.

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.