Fortis Group Advisors LLC Has $4.54 Million Position in iShares Russell 2000 ETF $IWM

Fortis Group Advisors LLC lowered its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 45.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,468 shares of the exchange traded fund’s stock after selling 14,311 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 0.8% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 27th largest position. Fortis Group Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $4,535,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $28,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $30,000. Columbia Asset Management bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $32,000. Finally, Tucker Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $32,000.

iShares Russell 2000 ETF Trading Up 2.5%

NYSEARCA IWM opened at $279.87 on Thursday. The business’s 50-day moving average price is $264.20 and its two-hundred day moving average price is $257.64. iShares Russell 2000 ETF has a 12 month low of $199.65 and a 12 month high of $287.58. The firm has a market capitalization of $77.72 billion, a PE ratio of 17.69 and a beta of 1.11.

About iShares Russell 2000 ETF

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.