Newton One Investments LLC Decreases Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Newton One Investments LLC trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 22.1% during the first quarter, HoldingsChannel reports. The firm owned 327 shares of the exchange traded fund’s stock after selling 93 shares during the period. Newton One Investments LLC’s holdings in iShares Russell 2000 ETF were worth $65,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. CM Wealth Advisors LLC boosted its stake in shares of iShares Russell 2000 ETF by 0.8% during the fourth quarter. CM Wealth Advisors LLC now owns 5,531 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 45 shares during the period. BOS Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 2.9% during the fourth quarter. BOS Asset Management LLC now owns 1,612 shares of the exchange traded fund’s stock worth $356,000 after buying an additional 45 shares during the period. Sumitomo Mitsui Financial Group Inc. boosted its stake in shares of iShares Russell 2000 ETF by 5.1% during the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 996 shares of the exchange traded fund’s stock worth $220,000 after buying an additional 48 shares during the period. Capital Group Private Client Services Inc. boosted its stake in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. Capital Group Private Client Services Inc. now owns 18,028 shares of the exchange traded fund’s stock worth $3,984,000 after buying an additional 48 shares during the period. Finally, Xcel Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 3.1% during the fourth quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock worth $360,000 after buying an additional 49 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $208.55 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The company has a market capitalization of $62.53 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11. The firm has a 50-day simple moving average of $200.70 and a 200-day simple moving average of $211.82.

iShares Russell 2000 ETF 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.