Paulson Wealth Management Inc. Has $8.91 Million Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Paulson Wealth Management Inc. grew its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,616 shares of the exchange traded fund’s stock after acquiring an additional 5,126 shares during the quarter. iShares Russell 2000 ETF accounts for 6.6% of Paulson Wealth Management Inc.’s portfolio, making the stock its 4th largest holding. Paulson Wealth Management Inc.’s holdings in iShares Russell 2000 ETF were worth $8,913,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of IWM. Dividend Assets Capital LLC bought a new position in iShares Russell 2000 ETF in the second quarter worth $31,000. Truvestments Capital LLC bought a new position in iShares Russell 2000 ETF in the first quarter worth $37,000. Financial Gravity Wealth Inc. bought a new position in iShares Russell 2000 ETF in the first quarter worth $42,000. Stone House Investment Management LLC bought a new position in iShares Russell 2000 ETF in the first quarter worth $43,000. Finally, Founders Capital Management bought a new position in iShares Russell 2000 ETF in the first quarter worth $43,000.

IWM stock traded down $1.64 during midday trading on Friday, hitting $150.90. The stock had a trading volume of 15,087,968 shares, compared to its average volume of 20,470,457. iShares Russell 2000 ETF has a 52 week low of $125.81 and a 52 week high of $173.39. The stock’s 50-day simple moving average is $154.59.

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.

See Also: Percentage Gainers

Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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