Jag Capital Management LLC Cuts Position in iShares Russell 2000 ETF $IWM

Jag Capital Management LLC cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.5% in the second quarter, HoldingsChannel reports. The institutional investor owned 967 shares of the exchange traded fund’s stock after selling 178 shares during the quarter. Jag Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $209,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in IWM. Bernard Wealth Management Corp. increased its stake in iShares Russell 2000 ETF by 0.8% in the 2nd quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock valued at $1,290,000 after purchasing an additional 47 shares in the last quarter. Ironwood Investment Counsel LLC increased its position in shares of iShares Russell 2000 ETF by 2.8% in the first quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock valued at $366,000 after buying an additional 50 shares in the last quarter. Occidental Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 1.5% in the second quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 51 shares in the last quarter. USAdvisors Wealth Management LLC increased its holdings in iShares Russell 2000 ETF by 0.6% during the 1st quarter. USAdvisors Wealth Management LLC now owns 9,385 shares of the exchange traded fund’s stock valued at $1,872,000 after acquiring an additional 53 shares in the last quarter. Finally, Catalyst Financial Partners LLC increased its holdings in iShares Russell 2000 ETF by 1.0% during the 1st quarter. Catalyst Financial Partners LLC now owns 5,302 shares of the exchange traded fund’s stock valued at $1,058,000 after acquiring an additional 55 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 2.8%

NYSEARCA:IWM opened at $244.41 on Tuesday. The firm has a 50-day moving average price of $235.86 and a two-hundred day moving average price of $216.64. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $248.48. The company has a market capitalization of $68.54 billion, a P/E ratio of 17.69 and a beta of 1.15.

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.