Collaborative Wealth Managment Inc. Cuts Holdings in iShares Russell 2000 ETF $IWM

Collaborative Wealth Managment Inc. lowered its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 56.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,436 shares of the exchange traded fund’s stock after selling 3,148 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in iShares Russell 2000 ETF were worth $604,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IWM. DSG Capital Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $1,354,000. Horizon Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the first quarter valued at approximately $22,859,000. Westwood Wealth Management acquired a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $820,000. Apollon Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 26.4% during the fourth quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock valued at $3,662,000 after buying an additional 3,107 shares in the last quarter. Finally, Gryphon Financial Partners LLC grew its stake in iShares Russell 2000 ETF by 62.7% during the fourth quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock worth $2,998,000 after buying an additional 4,696 shares during the period.

iShares Russell 2000 ETF Stock Up 0.4%

IWM opened at $295.77 on Thursday. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $302.72. The company has a 50 day moving average of $290.33 and a two-hundred day moving average of $270.87. The company has a market cap of $83.33 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.