iShares Russell 2000 ETF $IWM Position Lessened by Mirae Asset Securities USA Inc.

Mirae Asset Securities USA Inc. reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,015,994 shares of the exchange traded fund’s stock after selling 70,537 shares during the quarter. iShares Russell 2000 ETF makes up about 9.3% of Mirae Asset Securities USA Inc.’s holdings, making the stock its 3rd biggest holding. Mirae Asset Securities USA Inc. owned about 0.37% of iShares Russell 2000 ETF worth $251,967,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IWM. Clare Market Investments LLC purchased a new stake in iShares Russell 2000 ETF in the first quarter worth $228,000. Downshift Financial LLC increased its holdings in shares of iShares Russell 2000 ETF by 6.0% in the 1st quarter. Downshift Financial LLC now owns 1,186 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 67 shares in the last quarter. Integrated Advisors Network LLC increased its holdings in iShares Russell 2000 ETF by 49.1% in the 1st quarter. Integrated Advisors Network LLC now owns 66,954 shares of the exchange traded fund’s stock worth $16,605,000 after buying an additional 22,063 shares in the last quarter. Kiley Juergens Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the first quarter valued at approximately $1,891,000. Finally, Beacon Bank & Trust raised its stake in iShares Russell 2000 ETF by 11.5% during the 1st quarter. Beacon Bank & Trust now owns 1,318 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 136 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $296.19 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $212.34 and a fifty-two week high of $302.72. The company has a market cap of $81.33 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The business’s 50-day moving average is $288.33 and its two-hundred day moving average is $269.04.

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.