Financial Advisors LLC Cuts Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Financial Advisors LLC decreased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 67.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,177 shares of the exchange traded fund’s stock after selling 14,861 shares during the period. iShares Russell 2000 ETF comprises about 0.3% of Financial Advisors LLC’s holdings, making the stock its 21st largest position. Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,440,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BKM Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter worth $28,000. Tucker Asset Management LLC boosted its position in iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 134 shares during the last quarter. Arjuna Capital purchased a new position in iShares Russell 2000 ETF in the third quarter worth $34,000. Tradewinds Capital Management LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter worth $40,000. Finally, Legacy Financial Group LLC purchased a new position in iShares Russell 2000 ETF in the third quarter worth $36,000.

iShares Russell 2000 ETF Stock Up 1.0 %

IWM stock traded up $1.88 during midday trading on Friday, hitting $198.36. The company’s stock had a trading volume of 24,613,603 shares, compared to its average volume of 32,692,924. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $211.88. The stock’s 50-day moving average price is $202.47 and its 200 day moving average price is $191.79.

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.