Xcel Wealth Management LLC Acquires 49 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Xcel Wealth Management LLC raised its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. 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 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of IWM. Peoples Bank KS increased its stake in shares of iShares Russell 2000 ETF by 1.3% in the 4th quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock valued at $768,000 after acquiring an additional 45 shares in the last quarter. Transform Wealth LLC increased its stake in shares of iShares Russell 2000 ETF by 1.6% in the 4th quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock valued at $628,000 after acquiring an additional 45 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 0.3% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 15,049 shares of the exchange traded fund’s stock valued at $3,325,000 after acquiring an additional 45 shares in the last quarter. Anchor Investment Management LLC increased its stake in shares of iShares Russell 2000 ETF by 6.8% in the 3rd quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock valued at $164,000 after acquiring an additional 47 shares in the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in shares of iShares Russell 2000 ETF by 0.5% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 10,269 shares of the exchange traded fund’s stock valued at $2,269,000 after acquiring an additional 52 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.1 %

NYSEARCA:IWM opened at $214.65 on Friday. The firm has a market capitalization of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. The company has a fifty day moving average of $223.56 and a 200-day moving average of $223.83. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month 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.