Bessemer Group Inc. Sells 46,755 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Bessemer Group Inc. reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 42.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,366 shares of the exchange traded fund’s stock after selling 46,755 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell 2000 ETF were worth $14,223,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter worth $4,672,147,000. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell 2000 ETF by 4.4% during the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after acquiring an additional 352,358 shares during the period. Empower Advisory Group LLC boosted its holdings in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after acquiring an additional 199,487 shares during the last quarter. JPMorgan Chase & Co. increased its position in iShares Russell 2000 ETF by 50.5% in the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares during the period. Finally, M&T Bank Corp increased its position in iShares Russell 2000 ETF by 1.9% in the third quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock worth $670,800,000 after purchasing an additional 55,800 shares during the period.

iShares Russell 2000 ETF Trading Down 4.2 %

iShares Russell 2000 ETF stock opened at $181.71 on Friday. The company has a market cap of $58.17 billion, a PE ratio of 15.93 and a beta of 1.12. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98. The company’s 50-day moving average is $207.76 and its two-hundred day moving average is $220.19.

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.