iShares Russell 2000 ETF $IWM Shares Sold by Smith Moore & CO.

Smith Moore & CO. reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.4% in the 2nd quarter, HoldingsChannel reports. The fund owned 63,871 shares of the exchange traded fund’s stock after selling 281 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.2% of Smith Moore & CO.’s investment portfolio, making the stock its 18th biggest holding. Smith Moore & CO.’s holdings in iShares Russell 2000 ETF were worth $13,783,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in IWM. Quaker Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $28,000. Financial Network Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the first quarter worth about $29,000. Brooklyn Investment Group purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $30,000. Finally, Proathlete Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $248.75 on Monday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $252.77. The stock has a market cap of $68.89 billion, a PE ratio of 17.69 and a beta of 1.13. The stock has a fifty day moving average price of $243.24 and a 200 day moving average price of $229.03.

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.