Jasper Ridge Partners L.P. Cuts Stake in iShares Russell 2000 ETF $IWM

Jasper Ridge Partners L.P. lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,688 shares of the exchange traded fund’s stock after selling 3,405 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.4% of Jasper Ridge Partners L.P.’s investment portfolio, making the stock its 19th biggest position. Jasper Ridge Partners L.P.’s holdings in iShares Russell 2000 ETF were worth $16,731,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Acumen Wealth Advisors LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Osbon Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $31,000. Tower View Wealth Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the first 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 approximately $32,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $295.75 on Friday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The firm has a market capitalization of $81.41 billion, a PE ratio of 17.69 and a beta of 1.11. The business’s 50 day moving average price is $297.35 and its 200-day moving average price is $279.30.

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