iShares Russell 2000 ETF $IWM Shares Sold by Rafferty Asset Management LLC

Rafferty Asset Management LLC lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,552,360 shares of the exchange traded fund’s stock after selling 195,469 shares during the period. iShares Russell 2000 ETF accounts for 5.1% of Rafferty Asset Management LLC’s portfolio, making the stock its 3rd largest holding. Rafferty Asset Management LLC owned 2.37% of iShares Russell 2000 ETF worth $1,585,409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors 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 worth $26,000 after buying an additional 228 shares during the period. Abich Financial Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter worth $30,000. Pingora Partners LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter worth $32,000. Beacon Capital Management Inc. acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth $35,000. Finally, GGM Financials LLC bought a new stake in iShares Russell 2000 ETF during the third quarter valued at about $35,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $261.41 on Friday. The company has a market cap of $74.46 billion, a P/E ratio of 17.69 and a beta of 1.13. The stock’s 50-day moving average is $260.18 and its 200-day moving average is $248.13. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $271.60.

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.