Salem Investment Counselors Inc. Cuts Stock Holdings in iShares Russell 2000 ETF $IWM

Salem Investment Counselors Inc. lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 13,873 shares of the exchange traded fund’s stock after selling 175 shares during the quarter. Salem Investment Counselors Inc.’s holdings in iShares Russell 2000 ETF were worth $2,994,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nuveen Asset Management LLC increased its holdings in iShares Russell 2000 ETF by 66.9% in the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock worth $2,426,000 after acquiring an additional 4,400 shares in the last quarter. Pasadena Private Wealth LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter worth $339,000. Mackenzie Financial Corp increased its holdings in iShares Russell 2000 ETF by 6.6% in the 1st quarter. Mackenzie Financial Corp now owns 80,059 shares of the exchange traded fund’s stock worth $15,971,000 after acquiring an additional 4,939 shares in the last quarter. Assetmark Inc. increased its holdings in iShares Russell 2000 ETF by 29.3% in the 1st quarter. Assetmark Inc. now owns 2,509 shares of the exchange traded fund’s stock worth $501,000 after acquiring an additional 569 shares in the last quarter. Finally, Vestcor Inc increased its holdings in iShares Russell 2000 ETF by 308.4% in the 1st quarter. Vestcor Inc now owns 48,438 shares of the exchange traded fund’s stock worth $9,663,000 after acquiring an additional 36,578 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 1.0%

Shares of IWM opened at $238.34 on Friday. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98. The firm’s fifty day moving average is $227.19 and its two-hundred day moving average is $211.12. The stock has a market cap of $68.17 billion, a PE ratio of 17.69 and a beta of 1.15.

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.