True Freedom Investing LLC Sells 881,857 Shares of iShares Russell 2000 ETF $IWM

True Freedom Investing LLC cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 97.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,604 shares of the exchange traded fund’s stock after selling 881,857 shares during the period. True Freedom Investing LLC’s holdings in iShares Russell 2000 ETF were worth $6,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in iShares Russell 2000 ETF by 6.6% in the 1st 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 buying an additional 197,189 shares in the last quarter. AIA Group Ltd increased its stake in shares of iShares Russell 2000 ETF by 181.5% in the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after acquiring an additional 1,201,808 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of 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 worth $237,353,000 after acquiring an additional 364,779 shares during the last quarter. AMG National Trust Bank raised its holdings in shares of iShares Russell 2000 ETF by 4.6% during the 1st quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock worth $213,394,000 after acquiring an additional 37,843 shares during the period. Finally, HighTower Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 10.9% during the 2nd quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock worth $214,144,000 after acquiring an additional 70,330 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $279.33 on Monday. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The firm has a 50-day moving average price of $284.27 and a 200 day moving average price of $278.56. The firm has a market capitalization of $75.41 billion, a P/E 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.