Ridgepath Capital Management LLC Has $2.60 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Ridgepath Capital Management LLC decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 30.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,757 shares of the exchange traded fund’s stock after selling 4,697 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.1% of Ridgepath Capital Management LLC’s holdings, making the stock its 16th biggest position. Ridgepath Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,603,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its position in iShares Russell 2000 ETF by 18.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock worth $6,062,000 after buying an additional 4,381 shares in the last quarter. Alpha Cubed Investments LLC acquired a new position in iShares Russell 2000 ETF in the 2nd quarter worth about $234,000. New England Private Wealth Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 1.9% during the 2nd quarter. New England Private Wealth Advisors LLC now owns 29,016 shares of the exchange traded fund’s stock worth $6,429,000 after purchasing an additional 553 shares in the last quarter. American National Bank & Trust raised its stake in shares of iShares Russell 2000 ETF by 52.7% during the 2nd quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock worth $2,562,000 after purchasing an additional 4,098 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 1.8% during the 2nd quarter. Avantax Advisory Services Inc. now owns 916,552 shares of the exchange traded fund’s stock valued at $197,783,000 after buying an additional 16,484 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $250.79 on Friday. The company has a market capitalization of $69.46 billion, a P/E ratio of 17.69 and a beta of 1.13. The stock’s 50 day moving average price is $245.50 and its 200 day moving average price is $233.37. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $258.20.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.