Maripau Wealth Management LLC Invests $482,000 in iShares Russell 2000 ETF (NYSEARCA:IWM)

Maripau Wealth Management LLC bought a new position in iShares Russell 2000 ETF (NYSEARCA:IWM) in the 4th quarter, HoldingsChannel.com reports. The firm bought 2,183 shares of the exchange traded fund’s stock, valued at approximately $482,000.

Other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at about $4,672,147,000. JPMorgan Chase & Co. grew its position in iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the period. Strategic Financial Concepts LLC grew its position in iShares Russell 2000 ETF by 21,916.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after buying an additional 734,412 shares during the period. Redwood Investment Management LLC bought a new position in iShares Russell 2000 ETF during the third quarter valued at about $142,774,000. Finally, Cibc World Market Inc. grew its position in iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after buying an additional 440,218 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM opened at $214.65 on Friday. The firm has a market cap of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. The firm has a 50-day moving average of $223.56 and a 200 day 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 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.