NewEdge Wealth LLC Sells 9,951 Shares of iShares Russell 2000 ETF $IWM

NewEdge Wealth LLC lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 31.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,106 shares of the exchange traded fund’s stock after selling 9,951 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $5,482,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Marin Bay Wealth Advisors LLC grew its holdings in shares of iShares Russell 2000 ETF by 940.6% in the 1st quarter. Marin Bay Wealth Advisors LLC now owns 18,408 shares of the exchange traded fund’s stock valued at $4,565,000 after acquiring an additional 16,639 shares in the last quarter. Insight Advisors LLC PA boosted its position in iShares Russell 2000 ETF by 9.6% during the first quarter. Insight Advisors LLC PA now owns 4,455 shares of the exchange traded fund’s stock valued at $1,105,000 after purchasing an additional 389 shares during the last quarter. Phillip James Consulting Co. bought a new position in iShares Russell 2000 ETF in the first quarter valued at approximately $62,000. PNC Financial Services Group Inc. increased its position in shares of iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after purchasing an additional 197,189 shares during the last quarter. Finally, HORAN Wealth LLC lifted its stake in iShares Russell 2000 ETF by 100.0% in the first quarter. HORAN Wealth LLC now owns 12,820 shares of the exchange traded fund’s stock valued at $3,161,000 after acquiring an additional 6,410 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $292.09 on Friday. The firm has a market capitalization of $80.75 billion, a PE ratio of 17.69 and a beta of 1.10. The company’s 50-day moving average is $291.59 and its 200-day moving average is $272.80. iShares Russell 2000 ETF has a fifty-two week low of $212.34 and a fifty-two week high of $302.72.

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.