Steph & Co. Sells 2,826 Shares of iShares Russell 2000 ETF $IWM

Steph & Co. decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 13.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,506 shares of the exchange traded fund’s stock after selling 2,826 shares during the quarter. iShares Russell 2000 ETF comprises 1.3% of Steph & Co.’s portfolio, making the stock its 15th biggest holding. Steph & Co.’s holdings in iShares Russell 2000 ETF were worth $4,589,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of IWM. Investment Counsel Co. of Nevada bought a new stake in iShares Russell 2000 ETF in the third quarter worth $26,000. Acumen Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter worth $27,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF during the third quarter valued at $28,000. Osbon Capital Management LLC bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $31,000. Finally, Columbia Asset Management bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Trading Down 1.0%

Shares of IWM opened at $295.32 on Wednesday. The company’s fifty day simple moving average is $283.23 and its 200-day simple moving average is $265.77. The company has a market cap of $82.01 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $211.89 and a twelve month high of $299.49.

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.