Mesirow Financial Investment Management Inc. Decreases Position in iShares Russell 2000 ETF $IWM

Mesirow Financial Investment Management Inc. lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,358 shares of the exchange traded fund’s stock after selling 9,168 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell 2000 ETF were worth $20,766,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Pinnacle Associates Ltd. raised its position in iShares Russell 2000 ETF by 0.7% in the 4th quarter. Pinnacle Associates Ltd. now owns 73,829 shares of the exchange traded fund’s stock worth $18,174,000 after purchasing an additional 546 shares during the period. Bank Julius Baer & Co. Ltd Zurich raised its position in iShares Russell 2000 ETF by 44.9% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 9,986 shares of the exchange traded fund’s stock worth $2,458,000 after purchasing an additional 3,094 shares during the period. Moneywise Inc. purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth $518,000. Western Wealth Management LLC raised its position in iShares Russell 2000 ETF by 0.9% in the 4th quarter. Western Wealth Management LLC now owns 11,472 shares of the exchange traded fund’s stock worth $2,824,000 after purchasing an additional 106 shares during the period. Finally, Idaho Trust Co raised its position in iShares Russell 2000 ETF by 3.4% in the 4th quarter. Idaho Trust Co now owns 54,198 shares of the exchange traded fund’s stock worth $13,341,000 after purchasing an additional 1,764 shares during the period.

iShares Russell 2000 ETF Trading Up 0.0%

IWM stock opened at $282.67 on Thursday. The stock has a market capitalization of $78.50 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The firm’s 50-day moving average price is $262.03 and its two-hundred day moving average price is $256.58. iShares Russell 2000 ETF has a 12-month low of $199.65 and a 12-month high of $287.58.

About iShares Russell 2000 ETF

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.