Pinnacle Wealth Planning Services Inc. Boosts Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pinnacle Wealth Planning Services Inc. boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 28.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,474 shares of the exchange traded fund’s stock after acquiring an additional 1,431 shares during the quarter. iShares Russell 2000 ETF accounts for 0.6% of Pinnacle Wealth Planning Services Inc.’s portfolio, making the stock its 27th biggest holding. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 2000 ETF were worth $1,006,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Dividend Assets Capital LLC purchased a new position in iShares Russell 2000 ETF during the 2nd quarter valued at $31,000. Financial Gravity Wealth Inc. purchased a new position in iShares Russell 2000 ETF during the 1st quarter valued at $42,000. Smart Portfolios LLC purchased a new position in iShares Russell 2000 ETF during the 1st quarter valued at $47,000. Weaver Consulting Group purchased a new position in iShares Russell 2000 ETF during the 1st quarter valued at $50,000. Finally, TRUE Private Wealth Advisors purchased a new position in iShares Russell 2000 ETF during the 2nd quarter valued at $59,000.

IWM traded up $0.20 during trading hours on Thursday, reaching $150.58. 1,190,537 shares of the company’s stock traded hands, compared to its average volume of 20,426,656. The firm has a 50-day moving average price of $153.32 and a 200 day moving average price of $153.88. iShares Russell 2000 ETF has a 52-week low of $125.81 and a 52-week high of $173.39.

iShares Russell 2000 ETF Company 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.

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

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