RKL Wealth Management LLC Sells 1,067 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

RKL Wealth Management LLC lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,962 shares of the exchange traded fund’s stock after selling 1,067 shares during the quarter. RKL Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,386,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Salomon & Ludwin LLC raised its holdings in iShares Russell 2000 ETF by 3.6% during the 1st quarter. Salomon & Ludwin LLC now owns 67,782 shares of the exchange traded fund’s stock worth $13,526,000 after purchasing an additional 2,339 shares during the last quarter. West Bancorporation Inc. raised its position in shares of iShares Russell 2000 ETF by 6.4% during the 1st quarter. West Bancorporation Inc. now owns 15,493 shares of the exchange traded fund’s stock valued at $3,091,000 after acquiring an additional 931 shares during the last quarter. Heritage Investment Group Inc. lifted its stake in shares of iShares Russell 2000 ETF by 3.5% in the 1st quarter. Heritage Investment Group Inc. now owns 2,313 shares of the exchange traded fund’s stock valued at $461,000 after purchasing an additional 79 shares during the period. Lodestar Private Asset Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 2.4% in the 1st quarter. Lodestar Private Asset Management LLC now owns 54,350 shares of the exchange traded fund’s stock valued at $10,842,000 after purchasing an additional 1,290 shares during the period. Finally, Smith Salley Wealth Management bought a new position in shares of iShares Russell 2000 ETF in the 1st quarter worth $202,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $215.79 on Tuesday. The stock has a market cap of $64.02 billion, a PE ratio of 17.69 and a beta of 1.15. The stock has a 50-day moving average of $205.57 and a 200-day moving average of $210.04. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $244.98.

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.