Commerce Bank Lowers Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Commerce Bank decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.8% during the fourth quarter, Holdings Channel reports. The firm owned 482,819 shares of the exchange traded fund’s stock after selling 4,126 shares during the quarter. Commerce Bank’s holdings in iShares Russell 2000 ETF were worth $106,684,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Proficio Capital Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at $4,672,147,000. Jones Financial Companies Lllp grew its position in iShares Russell 2000 ETF by 4.4% in the 4th quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock valued at $1,865,251,000 after acquiring an additional 352,358 shares in the last quarter. Empower Advisory Group LLC increased its stake in iShares Russell 2000 ETF by 2.6% during the fourth quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock worth $1,740,740,000 after purchasing an additional 199,487 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Finally, M&T Bank Corp boosted its stake in shares of iShares Russell 2000 ETF by 1.9% in the third quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock valued at $670,800,000 after purchasing an additional 55,800 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $186.48 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The company has a 50 day moving average price of $203.58 and a 200 day moving average price of $219.03. The stock has a market capitalization of $59.70 billion, a P/E ratio of 15.93 and a beta of 1.12.

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.