HB Wealth Management LLC Decreases Stock Position in iShares Russell 2000 ETF $IWM

HB Wealth Management LLC cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,929 shares of the exchange traded fund’s stock after selling 4,236 shares during the quarter. HB Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $16,504,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Nilsine Partners LLC increased its position in iShares Russell 2000 ETF by 13.5% during the second quarter. Nilsine Partners LLC now owns 41,274 shares of the exchange traded fund’s stock valued at $12,401,000 after acquiring an additional 4,906 shares during the last quarter. Nvest Financial LLC lifted its holdings in shares of iShares Russell 2000 ETF by 9.7% in the 2nd quarter. Nvest Financial LLC now owns 1,181 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 104 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 37.6% during the 2nd quarter. Angeles Wealth Management LLC now owns 8,846 shares of the exchange traded fund’s stock worth $2,658,000 after purchasing an additional 2,418 shares during the period. Kaydan Wealth Management Inc. grew its stake in shares of iShares Russell 2000 ETF by 314.9% during the second quarter. Kaydan Wealth Management Inc. now owns 70,426 shares of the exchange traded fund’s stock valued at $21,159,000 after buying an additional 53,453 shares during the last quarter. Finally, Advisory Solutions Group LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $2,030,000.

iShares Russell 2000 ETF Trading Up 0.3%

Shares of IWM stock opened at $296.01 on Friday. iShares Russell 2000 ETF has a twelve month low of $228.90 and a twelve month high of $305.18. The stock has a fifty day simple moving average of $296.97 and a two-hundred day simple moving average of $280.34. The stock has a market capitalization of $81.48 billion, a price-to-earnings 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.