Triumph Capital Management Lowers Holdings in iShares Russell 2000 ETF $IWM

Triumph Capital Management decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 21.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,870 shares of the exchange traded fund’s stock after selling 4,709 shares during the quarter. iShares Russell 2000 ETF comprises 0.9% of Triumph Capital Management’s holdings, making the stock its 25th largest holding. Triumph Capital Management’s holdings in iShares Russell 2000 ETF were worth $5,069,000 as of its most recent SEC filing.

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

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $293.93 on Tuesday. The stock has a market capitalization of $80.90 billion, a P/E ratio of 17.69 and a beta of 1.11. The company has a 50 day moving average price of $297.27 and a 200 day moving average price of $279.58. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18.

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.