Portland Global Advisors LLC Has $13.59 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Portland Global Advisors LLC lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 17.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,968 shares of the exchange traded fund’s stock after selling 13,605 shares during the period. iShares Russell 2000 ETF accounts for 1.6% of Portland Global Advisors LLC’s holdings, making the stock its 21st largest holding. Portland Global Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $13,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWM. Quaker Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 228 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the second quarter valued at about $28,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the first quarter valued at about $29,000. Brooklyn Investment Group acquired a new stake in shares of iShares Russell 2000 ETF during the first quarter valued at about $30,000. Finally, Proathlete Wealth Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the second quarter worth about $30,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $251.82 on Friday. The company has a 50 day simple moving average of $243.70 and a 200 day simple moving average of $229.84. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $252.77. The firm has a market cap of $69.74 billion, a PE ratio of 17.69 and a beta of 1.13.

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.