Bigelow Investment Advisors LLC Trims Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Bigelow Investment Advisors LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,037 shares of the exchange traded fund’s stock after selling 185 shares during the quarter. Bigelow Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWM. Proficio Capital Partners LLC purchased a new position in iShares Russell 2000 ETF during the 4th quarter valued at about $4,672,147,000. Jones Financial Companies Lllp grew its holdings in iShares Russell 2000 ETF by 4.4% in the fourth quarter. Jones Financial Companies Lllp now owns 8,441,577 shares of the exchange traded fund’s stock worth $1,865,251,000 after purchasing an additional 352,358 shares during the period. Rafferty Asset Management LLC increased its stake in shares of iShares Russell 2000 ETF by 0.4% during the fourth quarter. Rafferty Asset Management LLC now owns 7,929,117 shares of the exchange traded fund’s stock valued at $1,752,018,000 after purchasing an additional 28,343 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of iShares Russell 2000 ETF by 5.5% during the fourth quarter. Northern Trust Corp now owns 4,022,610 shares of the exchange traded fund’s stock valued at $888,836,000 after purchasing an additional 209,752 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 12.4% during the fourth quarter. Ameriprise Financial Inc. now owns 1,937,378 shares of the exchange traded fund’s stock valued at $428,017,000 after purchasing an additional 212,992 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 0.5%

Shares of IWM opened at $209.65 on Thursday. The stock has a market cap of $62.86 billion, a P/E ratio of 16.63 and a beta of 1.11. The business’s 50 day moving average price is $201.10 and its 200-day moving average price is $211.80. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $244.98.

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.