iShares Russell 2000 ETF $IWM Stock: SilverOak Wealth Management LLC Lowers Stake

SilverOak Wealth Management LLC trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 49,507 shares of the exchange traded fund’s stock after selling 1,800 shares during the quarter. iShares Russell 2000 ETF accounts for 1.6% of SilverOak Wealth Management LLC’s investment portfolio, making the stock its 14th largest holding. SilverOak Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $13,757,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AIA Group Ltd lifted its holdings in shares of iShares Russell 2000 ETF by 181.5% in the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after acquiring an additional 1,201,808 shares during the last quarter. Wolfstich Capital LLC boosted its stake in shares of iShares Russell 2000 ETF by 44,992.3% during the 3rd quarter. Wolfstich Capital LLC now owns 542,460 shares of the exchange traded fund’s stock worth $150,744,000 after purchasing an additional 541,257 shares during the period. USA Financial Formulas grew its holdings in iShares Russell 2000 ETF by 15,520.1% during the 1st quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock valued at $108,117,000 after purchasing an additional 433,165 shares during the last quarter. Fifth Third Bancorp grew its holdings in iShares Russell 2000 ETF by 61.6% during the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after purchasing an additional 364,779 shares during the last quarter. Finally, Ferguson Wellman Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF in the 1st quarter worth about $66,960,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $279.33 on Monday. The firm has a market capitalization of $75.41 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The company’s 50-day moving average is $284.27 and its 200 day moving average is $278.56.

iShares Russell 2000 ETF Company 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.