Argent Advisors Inc. Sells 50,084 Shares of iShares Russell 2000 ETF $IWM

Argent Advisors Inc. lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 95.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,618 shares of the exchange traded fund’s stock after selling 50,084 shares during the quarter. Argent Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $649,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Bank of America Corp DE grew its stake in iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after acquiring an additional 51,952,453 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 10.6% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after purchasing an additional 648,801 shares in the last quarter. Northern Trust Corp grew its position in shares of iShares Russell 2000 ETF by 3.2% in the 4th quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock valued at $1,046,813,000 after purchasing an additional 130,667 shares during the period. HRT Financial LP grew its position in shares of iShares Russell 2000 ETF by 112.9% in the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after purchasing an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP increased its stake in iShares Russell 2000 ETF by 105.5% during the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after purchasing an additional 1,333,316 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $299.32 on Thursday. The company has a market capitalization of $81.85 billion, a P/E ratio of 17.69 and a beta of 1.10. The company’s 50 day moving average price is $286.59 and its two-hundred day moving average price is $267.72. iShares Russell 2000 ETF has a 52 week low of $212.34 and a 52 week high of $302.72.

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.