GM Advisory Group LLC Trims Stock Holdings in iShares Russell 2000 ETF $IWM

GM Advisory Group LLC lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 56.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,831 shares of the exchange traded fund’s stock after selling 10,220 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Russell 2000 ETF were worth $1,895,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWM. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF in the third quarter worth $28,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter valued at $30,000. Pingora Partners LLC bought a new position in iShares Russell 2000 ETF during the 2nd quarter valued at $32,000. Finally, FWL Investment Management LLC grew its holdings in iShares Russell 2000 ETF by 340.0% during the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 102 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM opened at $250.05 on Wednesday. The company has a market capitalization of $71.23 billion, a P/E ratio of 17.69 and a beta of 1.13. The company has a 50-day moving average of $260.88 and a 200-day moving average of $250.34. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60.

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.