Penn Capital Management Company LLC Has $380,000 Stock Holdings in iShares Russell 2000 ETF $IWM

Penn Capital Management Company LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 65.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,570 shares of the exchange traded fund’s stock after selling 3,025 shares during the period. Penn Capital Management Company LLC’s holdings in iShares Russell 2000 ETF were worth $380,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Angeles Investment Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 29,431.2% during the third quarter. Angeles Investment Advisors LLC now owns 224,142 shares of the exchange traded fund’s stock worth $54,233,000 after purchasing an additional 223,383 shares during the period. Cobblestone Capital Advisors LLC NY lifted its stake in iShares Russell 2000 ETF by 22.5% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock valued at $7,910,000 after buying an additional 6,002 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in iShares Russell 2000 ETF by 1.1% during the third quarter. Citizens Financial Group Inc. RI now owns 386,528 shares of the exchange traded fund’s stock worth $93,524,000 after buying an additional 4,061 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $6,291,000. Finally, State of Wyoming grew its position in shares of iShares Russell 2000 ETF by 241.9% during the 3rd quarter. State of Wyoming now owns 5,300 shares of the exchange traded fund’s stock worth $1,282,000 after buying an additional 3,750 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $246.02 on Thursday. The company has a market capitalization of $70.08 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The firm’s 50 day simple moving average is $260.69 and its 200 day simple moving average is $250.31. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $271.60.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.