Audent Global Asset Management LLC Has $2.93 Million Stake in iShares Russell 2000 ETF $IWM

Audent Global Asset Management LLC decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 17.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 11,831 shares of the exchange traded fund’s stock after selling 2,559 shares during the period. iShares Russell 2000 ETF comprises approximately 3.0% of Audent Global Asset Management LLC’s holdings, making the stock its 10th biggest position. Audent Global Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,934,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWM. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter worth $28,000. Osbon Capital Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $31,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at approximately $32,000. Finally, Tucker Asset Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Down 0.5%

Shares of NYSEARCA:IWM opened at $294.04 on Friday. The stock has a market capitalization of $81.48 billion, a P/E ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 52 week low of $212.34 and a 52 week high of $302.72. The firm has a fifty day simple moving average of $290.80 and a two-hundred day simple moving average of $271.34.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.