iShares Russell 2000 ETF $IWM Stock: Sowell Financial Services LLC Trims Holdings

Sowell Financial Services LLC decreased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,112 shares of the exchange traded fund’s stock after selling 5,126 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Russell 2000 ETF were worth $8,090,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Rogco LP purchased a new stake in iShares Russell 2000 ETF during the second quarter worth $25,000. Montgomery Financial Services LLC acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at $30,000. Evolution Wealth Management Inc. increased its position in shares of iShares Russell 2000 ETF by 3,525.0% in the first quarter. Evolution Wealth Management Inc. now owns 145 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 141 shares in the last quarter. Scarborough Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $37,000. Finally, Signature Resources Capital Management LLC increased its position in shares of iShares Russell 2000 ETF by 362.1% in the third quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 105 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 1.0%

NYSEARCA:IWM opened at $284.01 on Friday. The company has a market capitalization of $76.51 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18. The stock has a fifty day simple moving average of $284.64 and a 200-day simple moving average of $278.47.

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.