iShares Russell 2000 ETF (NYSEARCA:IWM) Stock Holdings Trimmed by Sierra Summit Advisors LLC

Sierra Summit Advisors LLC lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 30.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,969 shares of the exchange traded fund’s stock after selling 25,904 shares during the quarter. iShares Russell 2000 ETF comprises approximately 2.7% of Sierra Summit Advisors LLC’s portfolio, making the stock its 10th biggest position. Sierra Summit Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $13,251,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of IWM. Morse Asset Management Inc bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $462,000. Quantinno Capital Management LP bought a new position in iShares Russell 2000 ETF during the 3rd quarter valued at approximately $2,222,000. EP Wealth Advisors LLC increased its position in iShares Russell 2000 ETF by 9.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 46,746 shares of the exchange traded fund’s stock valued at $10,326,000 after buying an additional 3,934 shares in the last quarter. National Bank of Canada FI raised its stake in iShares Russell 2000 ETF by 9.8% during the third quarter. National Bank of Canada FI now owns 429,450 shares of the exchange traded fund’s stock valued at $94,861,000 after buying an additional 38,287 shares during the last quarter. Finally, Zacks Investment Management boosted its holdings in iShares Russell 2000 ETF by 4.9% in the third quarter. Zacks Investment Management now owns 1,490 shares of the exchange traded fund’s stock worth $329,000 after acquiring an additional 69 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $181.19 on Monday. The business has a fifty day moving average price of $213.12 and a 200-day moving average price of $221.86. The company has a market capitalization of $58.01 billion, a PE ratio of 15.93 and a beta of 1.12. iShares Russell 2000 ETF has a 1-year low of $172.39 and a 1-year high of $244.98.

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.