Strategic Equity Management cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 61.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,670 shares of the exchange traded fund’s stock after selling 28,047 shares during the quarter. iShares Russell 2000 ETF comprises approximately 4.3% of Strategic Equity Management’s holdings, making the stock its 11th biggest position. Strategic Equity Management’s holdings in iShares Russell 2000 ETF were worth $4,910,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in IWM. AIA Group Ltd increased its position in iShares Russell 2000 ETF by 181.5% during the first quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after buying 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 acquiring an additional 541,257 shares during the period. USA Financial Formulas increased its holdings in shares of 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 worth $108,117,000 after acquiring an additional 433,165 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after acquiring an additional 197,189 shares during the last quarter. Finally, Modern Wealth Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 2,314.3% during the 1st quarter. Modern Wealth Management LLC now owns 205,625 shares of the exchange traded fund’s stock worth $51,316,000 after acquiring an additional 197,108 shares during the last quarter.
iShares Russell 2000 ETF Trading Up 3.2%
IWM opened at $282.51 on Tuesday. The stock’s fifty day simple moving average is $281.84 and its 200 day simple moving average is $278.98. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The stock has a market cap of $78.47 billion, a PE ratio of 17.69 and a beta of 1.14.
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.
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