Richmond Investment Services LLC Trims Stock Position in iShares Russell 2000 ETF $IWM

Richmond Investment Services LLC lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 47.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,366 shares of the exchange traded fund’s stock after selling 2,987 shares during the quarter. Richmond Investment Services LLC’s holdings in iShares Russell 2000 ETF were worth $835,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock worth $19,385,000 after purchasing an additional 2,221 shares during the period. Revolve Wealth Partners LLC boosted its holdings in iShares Russell 2000 ETF by 13.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after acquiring an additional 1,431 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in iShares Russell 2000 ETF by 16.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock valued at $1,855,000 after acquiring an additional 1,300 shares during the period. FSC Wealth Advisors LLC increased its stake in iShares Russell 2000 ETF by 416.6% during the second quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock worth $4,859,000 after acquiring an additional 18,157 shares during the last quarter. Finally, Sei Investments Co. increased its stake in iShares Russell 2000 ETF by 22.3% during the second quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock worth $3,522,000 after acquiring an additional 2,975 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $296.19 on Wednesday. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72. The firm has a market capitalization of $81.33 billion, a P/E ratio of 17.69 and a beta of 1.10. The business’s 50-day simple moving average is $288.33 and its 200-day simple moving average is $269.04.

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.