iShares Russell 2000 ETF (NYSEARCA:IWM) Share Price Break Above 200 Day Moving Average – Time to Sell?

iShares Russell 2000 ETF (NYSEARCA:IWM – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $278.23 and traded as high as $280.40. iShares Russell 2000 ETF shares last traded at $280.18, with a volume of 18,825,213 shares changing hands.

iShares Russell 2000 ETF Price Performance

The stock has a market capitalization of $76.51 billion, a P/E ratio of 17.69 and a beta of 1.13. The stock has a fifty day moving average price of $284.64 and a 200 day moving average price of $278.47.

Institutional Investors Weigh In On iShares Russell 2000 ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. TSG Advice Partners LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter valued at approximately $11,324,000. Capital CS Group LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $511,000. Salomon & Ludwin LLC grew its position in iShares Russell 2000 ETF by 1.5% in the 3rd quarter. Salomon & Ludwin LLC now owns 71,770 shares of the exchange traded fund’s stock valued at $19,944,000 after purchasing an additional 1,089 shares during the period. Virtue Capital Management LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $6,527,000. Finally, Bell Investment Advisors Inc bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $194,000.

iShares Russell 2000 ETF Company Profile

(Get Free Report)

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.

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