Farmers & Merchants Investments Inc. Sells 1,825 Shares of iShares Russell 2000 ETF $IWM

Farmers & Merchants Investments Inc. cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.5% in the third quarter, HoldingsChannel reports. The institutional investor owned 70,483 shares of the exchange traded fund’s stock after selling 1,825 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Russell 2000 ETF were worth $19,587,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWM. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 6.6% in the first quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after purchasing an additional 197,189 shares in the last quarter. AIA Group Ltd boosted its stake in shares of iShares Russell 2000 ETF by 181.5% during the first quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock valued at $462,301,000 after acquiring an additional 1,201,808 shares during the last quarter. Catalyst Capital Advisors LLC increased its position in iShares Russell 2000 ETF by 12.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,603,667 shares of the exchange traded fund’s stock worth $397,709,000 after purchasing an additional 171,918 shares in the last quarter. Fifth Third Bancorp raised its stake in iShares Russell 2000 ETF by 61.6% in the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after purchasing an additional 364,779 shares during the last quarter. Finally, AMG National Trust Bank raised its position in shares of iShares Russell 2000 ETF by 4.6% in the first quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock valued at $213,394,000 after buying an additional 37,843 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 0.3%

IWM stock opened at $275.75 on Friday. The stock’s fifty day simple moving average is $286.23 and its 200-day simple moving average is $287.00. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18. The stock has a market capitalization of $74.89 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

iShares Russell 2000 ETF Company 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.