iShares Russell 2000 ETF $IWM Shares Sold by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 23.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,396 shares of the exchange traded fund’s stock after selling 4,923 shares during the period. Pinnacle Wealth Planning Services Inc.’s holdings in iShares Russell 2000 ETF were worth $4,556,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IWM. PNC Financial Services Group Inc. grew its holdings in shares of iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after purchasing an additional 197,189 shares in the last quarter. AIA Group Ltd raised its stake in shares of iShares Russell 2000 ETF by 181.5% in 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 purchasing an additional 1,201,808 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of iShares Russell 2000 ETF by 61.6% in the first 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 in the last quarter. HighTower Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 10.9% in the second quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock valued at $214,144,000 after purchasing an additional 70,330 shares in the last quarter. Finally, AMG National Trust Bank lifted its position in 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 worth $213,394,000 after purchasing an additional 37,843 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $281.29 on Thursday. The stock has a market cap of $75.78 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $228.90 and a one year high of $305.18. The stock has a fifty day moving average price of $285.00 and a 200 day moving average price of $278.35.

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.