Bailard Inc. Trims Stake in iShares Russell 2000 ETF $IWM

Bailard Inc. cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 41.2% during the fourth quarter, HoldingsChannel reports. The fund owned 37,398 shares of the exchange traded fund’s stock after selling 26,251 shares during the quarter. Bailard Inc.’s holdings in iShares Russell 2000 ETF were worth $9,206,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Investment Counsel Co. of Nevada purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth $26,000. Measured Wealth Private Client Group LLC purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth $28,000. Abich Financial Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth $30,000. Columbia Asset Management purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth $32,000. Finally, FWL Investment Management LLC grew its stake in iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 102 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $285.33 on Tuesday. iShares Russell 2000 ETF has a 1-year low of $199.65 and a 1-year high of $287.58. The stock’s fifty day moving average price is $261.23 and its 200 day moving average price is $256.04. The company has a market cap of $79.24 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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.