Wealthspire Advisors LLC Cuts Stake in iShares Russell 2000 ETF $IWM

Wealthspire Advisors LLC reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 50.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 97,401 shares of the exchange traded fund’s stock after selling 100,529 shares during the quarter. Wealthspire Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $23,976,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWM. DSG Capital Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $1,354,000. Cobblestone Capital Advisors LLC NY lifted its position in shares of iShares Russell 2000 ETF by 22.5% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 32,691 shares of the exchange traded fund’s stock valued at $7,910,000 after buying an additional 6,002 shares during the last quarter. Capstone Wealth Management Group LLC purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $6,291,000. Westwood Wealth Management purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $820,000. Finally, Citizens Business Bank lifted its position in shares of iShares Russell 2000 ETF by 15.9% during the 3rd quarter. Citizens Business Bank now owns 39,714 shares of the exchange traded fund’s stock valued at $9,609,000 after buying an additional 5,456 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $292.95 on Friday. The stock’s 50-day simple moving average is $277.84 and its 200 day simple moving average is $263.26. The stock has a market capitalization of $81.35 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52-week low of $206.81 and a 52-week high of $295.72.

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.