First Western Trust Bank Reduces Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

First Western Trust Bank cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 244,082 shares of the exchange traded fund’s stock after selling 14,759 shares during the quarter. iShares Russell 2000 ETF makes up approximately 2.4% of First Western Trust Bank’s investment portfolio, making the stock its 5th largest holding. First Western Trust Bank’s holdings in iShares Russell 2000 ETF were worth $48,990,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. BKM Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $28,000. Tucker Asset Management LLC increased its position in iShares Russell 2000 ETF by 326.8% during the 3rd quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 134 shares in the last quarter. Arjuna Capital purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at about $34,000. Tradewinds Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter worth about $40,000. Finally, Annapolis Financial Services LLC boosted its holdings in iShares Russell 2000 ETF by 64.9% in the third quarter. Annapolis Financial Services LLC now owns 244 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 96 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM traded down $1.57 during mid-day trading on Friday, hitting $204.29. 21,504,971 shares of the company traded hands, compared to its average volume of 33,936,112. The business has a 50 day moving average of $202.55 and a 200 day moving average of $193.52. iShares Russell 2000 ETF has a 1-year low of $161.67 and a 1-year high of $211.88.

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.