Meridian Wealth Partners LLC Decreases Stock Position in iShares Russell 2000 ETF $IWM

Meridian Wealth Partners LLC lessened its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,021 shares of the exchange traded fund’s stock after selling 2,068 shares during the quarter. iShares Russell 2000 ETF comprises 1.3% of Meridian Wealth Partners LLC’s holdings, making the stock its 18th largest position. Meridian Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $9,359,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DSG Capital Advisors LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth $1,354,000. Cobblestone Capital Advisors LLC NY boosted its stake in iShares Russell 2000 ETF by 22.5% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock worth $7,910,000 after buying an additional 6,002 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth $6,291,000. Westwood Wealth Management acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth $820,000. Finally, Citizens Business Bank boosted its stake in iShares Russell 2000 ETF by 15.9% during the third quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock worth $9,609,000 after buying an additional 5,456 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $292.95 on Friday. The stock’s fifty day moving average is $277.84 and its two-hundred day moving average is $263.26. The firm has a market capitalization of $81.35 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a fifty-two week low of $206.81 and a fifty-two week high of $295.72.

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