Eastern Bank Sells 28,296 Shares of iShares Russell 2000 ETF $IWM

Eastern Bank reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 31.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,798 shares of the exchange traded fund’s stock after selling 28,296 shares during the quarter. Eastern Bank’s holdings in iShares Russell 2000 ETF were worth $18,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Trust Co of the South purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter valued at $251,000. Paladin Partners LLC lifted its holdings in iShares Russell 2000 ETF by 18.6% during the first quarter. Paladin Partners LLC now owns 7,972 shares of the exchange traded fund’s stock valued at $1,977,000 after purchasing an additional 1,250 shares during the last quarter. Redwood Investment Management LLC boosted its position in iShares Russell 2000 ETF by 12.6% during the first quarter. Redwood Investment Management LLC now owns 34,019 shares of the exchange traded fund’s stock worth $8,437,000 after purchasing an additional 3,807 shares during the period. Sapient Capital LLC boosted its position in iShares Russell 2000 ETF by 27.0% during the first quarter. Sapient Capital LLC now owns 3,107 shares of the exchange traded fund’s stock worth $771,000 after purchasing an additional 661 shares during the period. Finally, Western Wealth Management LLC increased its stake in shares of iShares Russell 2000 ETF by 47.9% in the first quarter. Western Wealth Management LLC now owns 16,969 shares of the exchange traded fund’s stock worth $4,208,000 after purchasing an additional 5,497 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.7%

NYSEARCA IWM opened at $296.22 on Tuesday. The company’s 50 day moving average is $293.33 and its 200-day moving average is $274.49. iShares Russell 2000 ETF has a 12-month low of $216.08 and a 12-month high of $302.72. The firm has a market cap of $82.10 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.