iShares Russell 2000 ETF $IWM Stock: Pinnacle Wealth Planning Services Inc. Decreases Stake

Pinnacle Wealth Planning Services Inc. decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 23.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,396 shares of the exchange traded fund’s stock after selling 4,923 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 2000 ETF were worth $4,556,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rogco LP bought a new position in iShares Russell 2000 ETF in the 2nd quarter worth approximately $25,000. Montgomery Financial Services LLC acquired a new position in shares of iShares Russell 2000 ETF during the second quarter worth approximately $30,000. Evolution Wealth Management Inc. boosted its position in shares of iShares Russell 2000 ETF by 3,525.0% in the first quarter. Evolution Wealth Management Inc. now owns 145 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 141 shares during the period. Scarborough Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the first quarter valued at approximately $37,000. Finally, Signature Resources Capital Management LLC boosted its position in shares of iShares Russell 2000 ETF by 362.1% in the third quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 105 shares during the period.

iShares Russell 2000 ETF Trading Up 0.4%

Shares of iShares Russell 2000 ETF stock opened at $281.29 on Thursday. The company’s fifty day simple moving average is $285.00 and its 200-day simple moving average is $278.35. The company has a market cap of $75.78 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18.

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.