iShares Russell 2000 ETF $IWM Shares Sold by Macco Financial Group Inc.

Macco Financial Group Inc. lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,897 shares of the exchange traded fund’s stock after selling 3,715 shares during the period. iShares Russell 2000 ETF accounts for approximately 3.2% of Macco Financial Group Inc.’s investment portfolio, making the stock its 8th biggest holding. Macco Financial Group Inc.’s holdings in iShares Russell 2000 ETF were worth $5,251,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Confluence Wealth Services Inc. raised its holdings in iShares Russell 2000 ETF by 9.9% in the 3rd quarter. Confluence Wealth Services Inc. now owns 8,667 shares of the exchange traded fund’s stock worth $2,408,000 after purchasing an additional 778 shares in the last quarter. Moneco Advisors LLC lifted its position in shares of iShares Russell 2000 ETF by 1.1% in the 3rd quarter. Moneco Advisors LLC now owns 7,959 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 88 shares during the period. Cornerstone Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 8.4% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 46,694 shares of the exchange traded fund’s stock valued at $12,976,000 after purchasing an additional 3,634 shares in the last quarter. Triton Wealth Management PLLC boosted its stake in shares of iShares Russell 2000 ETF by 20.2% during the 3rd quarter. Triton Wealth Management PLLC now owns 1,326 shares of the exchange traded fund’s stock valued at $373,000 after purchasing an additional 223 shares in the last quarter. Finally, Csenge Advisory Group boosted its stake in shares of iShares Russell 2000 ETF by 1.1% during the 3rd quarter. Csenge Advisory Group now owns 8,458 shares of the exchange traded fund’s stock valued at $2,350,000 after purchasing an additional 89 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $280.58 on Wednesday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The stock has a market capitalization of $77.93 billion, a P/E ratio of 17.69 and a beta of 1.14. The company’s 50-day moving average is $281.58 and its 200 day moving average is $279.03.

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.