Narwhal Capital Management Sells 69 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Narwhal Capital Management reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,912 shares of the exchange traded fund’s stock after selling 69 shares during the period. Narwhal Capital Management’s holdings in iShares Russell 2000 ETF were worth $581,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IWM. Atala Financial Inc bought a new position in iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Conquis Financial LLC bought a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $30,000. Navigoe LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at approximately $33,000. Family Management Corp boosted its holdings in iShares Russell 2000 ETF by 224.5% in the 4th quarter. Family Management Corp now owns 159 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 110 shares during the period. Finally, one8zero8 LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $36,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $211.77 on Tuesday. The stock has a market capitalization of $63.50 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11. The company’s fifty day simple moving average is $202.66 and its two-hundred day simple moving average is $210.79. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98.

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.