Coastline Trust Co trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 26.4% in the third quarter, Holdings Channel.com reports. The fund owned 50,508 shares of the exchange traded fund’s stock after selling 18,133 shares during the period. iShares Russell 2000 ETF makes up approximately 1.3% of Coastline Trust Co’s investment portfolio, making the stock its 19th largest position. Coastline Trust Co’s holdings in iShares Russell 2000 ETF were worth $14,036,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in IWM. Horizon Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the 1st quarter worth about $22,859,000. Bryn Mawr Trust Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 37.8% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock valued at $2,400,000 after buying an additional 2,654 shares during the last quarter. HighTower Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 10.9% during the second quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock worth $214,144,000 after buying an additional 70,330 shares during the period. Wedmont Private Capital grew its holdings in iShares Russell 2000 ETF by 16.7% in the 2nd quarter. Wedmont Private Capital now owns 17,876 shares of the exchange traded fund’s stock worth $5,291,000 after buying an additional 2,552 shares in the last quarter. Finally, Integrity Investment Advisors LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $492,000.
iShares Russell 2000 ETF Stock Up 0.3%
iShares Russell 2000 ETF stock traded up $0.91 during mid-day trading on Thursday, hitting $278.80. 18,499,526 shares of the company’s stock traded hands, compared to its average volume of 31,081,699. The company has a market cap of $77.26 billion, a PE ratio of 17.69 and a beta of 1.11. The firm has a 50 day moving average price of $293.13 and a 200 day moving average price of $283.76. iShares Russell 2000 ETF has a one year low of $228.90 and a one year high of $305.18.
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.
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