Raymond James Financial Services Advisors Inc. lessened its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.7% in the 1st quarter, Holdings Channel reports. The institutional investor owned 482,218 shares of the exchange traded fund’s stock after selling 57,530 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $73,826,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the company. Signet Investment Advisory Group Inc. acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Westside Investment Management Inc. acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Tradewinds Capital Management LLC raised its stake in iShares Russell 2000 ETF by 187.5% in the 4th quarter. Tradewinds Capital Management LLC now owns 230 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 150 shares during the last quarter. Pacific Center for Financial Services acquired a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $33,000. Finally, Truvestments Capital LLC acquired a new position in iShares Russell 2000 ETF in the 1st quarter valued at about $37,000.
Shares of IWM stock opened at $149.39 on Friday. iShares Russell 2000 ETF has a twelve month low of $125.81 and a twelve month high of $173.39.
COPYRIGHT VIOLATION WARNING: This news story was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/4351181/raymond-james-financial-services-advisors-inc-cuts-stake-in-ishares-russell-2000-etf-iwm.html.
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.
Featured Article: What defines an oversold asset?
Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM).
Receive News & Ratings for iShares Russell 2000 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 ETF and related companies with MarketBeat.com's FREE daily email newsletter.