JPMorgan Chase & Co. Sells 433,589 Shares of iShares Russell 2000 ETF $IWM

JPMorgan Chase & Co. cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,745,332 shares of the exchange traded fund’s stock after selling 433,589 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Russell 2000 ETF were worth $1,874,061,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after buying an additional 2,221 shares during the period. Revolve Wealth Partners LLC lifted its position in iShares Russell 2000 ETF by 13.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after acquiring an additional 1,431 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in iShares Russell 2000 ETF by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after acquiring an additional 1,300 shares in the last quarter. Vanguard Personalized Indexing Management LLC purchased a new stake in iShares Russell 2000 ETF in the second quarter worth about $483,000. Finally, Forvis Mazars Wealth Advisors LLC grew its holdings in iShares Russell 2000 ETF by 5.5% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 11,924 shares of the exchange traded fund’s stock worth $2,573,000 after purchasing an additional 620 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $262.96 on Tuesday. The firm has a 50 day moving average price of $258.07 and a 200-day moving average price of $245.74. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $271.60. The firm has a market capitalization of $74.90 billion, a price-to-earnings 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.