Penn Capital Management Company LLC Has $380,000 Holdings in iShares Russell 2000 ETF $IWM

Penn Capital Management Company LLC trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 65.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,570 shares of the exchange traded fund’s stock after selling 3,025 shares during the period. Penn Capital Management Company LLC’s holdings in iShares Russell 2000 ETF were worth $380,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of IWM. CIBC Private Wealth Group LLC boosted its stake in iShares Russell 2000 ETF by 2.4% in the third quarter. CIBC Private Wealth Group LLC now owns 640,622 shares of the exchange traded fund’s stock worth $155,005,000 after purchasing an additional 15,281 shares in the last quarter. Newport Capital Group LLC increased its stake in shares of iShares Russell 2000 ETF by 0.6% in the third quarter. Newport Capital Group LLC now owns 32,911 shares of the exchange traded fund’s stock valued at $7,967,000 after buying an additional 195 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at $154,992,000. Chartist Inc. CA bought a new position in shares of iShares Russell 2000 ETF in the third quarter valued at about $1,135,000. Finally, Old North State Trust LLC lifted its position in iShares Russell 2000 ETF by 7.6% during the 3rd quarter. Old North State Trust LLC now owns 5,240 shares of the exchange traded fund’s stock worth $1,268,000 after buying an additional 368 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 1.6%

Shares of NYSEARCA:IWM opened at $246.02 on Thursday. The firm has a market cap of $70.08 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $271.60. The company’s 50-day moving average price is $260.69 and its two-hundred day moving average price is $250.31.

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