5,126 iShares Russell 2000 ETF $IWM Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC trimmed its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 29,112 shares of the exchange traded fund’s stock after selling 5,126 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Russell 2000 ETF were worth $8,090,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Rogco LP acquired a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at $25,000. Montgomery Financial Services LLC acquired a new position in iShares Russell 2000 ETF in the 2nd quarter valued at about $30,000. Signature Resources Capital Management LLC raised its stake in iShares Russell 2000 ETF by 362.1% in the 3rd quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 105 shares during the last quarter. Timbuktu Capital Management LLC acquired a new position in iShares Russell 2000 ETF in the 2nd quarter valued at about $43,000. Finally, Evolution Wealth Management Inc. lifted its holdings in iShares Russell 2000 ETF by 3,525.0% in the 1st quarter. Evolution Wealth Management Inc. now owns 145 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 141 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.0%

NYSEARCA:IWM opened at $284.01 on Friday. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The firm has a market cap of $76.51 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company’s 50-day moving average is $284.64 and its two-hundred day moving average is $278.47.

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.