Madrona Financial Services LLC Sells 129 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Madrona Financial Services LLC cut its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 4,830 shares of the exchange traded fund’s stock after selling 129 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares Russell 2000 ETF were worth $964,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Amundi grew its position in shares of iShares Russell 2000 ETF by 1,894.7% in the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares during the period. Itau Unibanco Holding S.A. acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $27,631,000. Nuveen Asset Management LLC grew its position in shares of iShares Russell 2000 ETF by 66.9% in the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 4,400 shares during the period. Corebridge Financial Inc. grew its position in shares of iShares Russell 2000 ETF by 16.4% in the 4th quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after purchasing an additional 1,000 shares during the period. Finally, Legal & General Group Plc grew its position in shares of iShares Russell 2000 ETF by 20.2% in the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 550 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $211.97 on Thursday. The stock has a 50 day simple moving average of $203.75 and a 200 day simple moving average of $210.82. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98. The firm has a market capitalization of $62.64 billion, a PE ratio of 17.69 and a beta of 1.11.

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.