Litman Gregory Wealth Management LLC Sells 9,021 Shares of iShares Russell 2000 ETF $IWM

Litman Gregory Wealth Management LLC reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,993 shares of the exchange traded fund’s stock after selling 9,021 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.3% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding. Litman Gregory Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $16,398,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of iShares Russell 2000 ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after purchasing an additional 2,221 shares during the period. Revolve Wealth Partners LLC grew its holdings in iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock worth $2,703,000 after purchasing an additional 1,431 shares during the period. Sovereign Financial Group Inc. increased its position in iShares Russell 2000 ETF by 20.2% during the first quarter. Sovereign Financial Group Inc. now owns 1,979 shares of the exchange traded fund’s stock worth $395,000 after buying an additional 332 shares during the last quarter. Wedmont Private Capital raised its stake in iShares Russell 2000 ETF by 34.3% in the first quarter. Wedmont Private Capital now owns 12,124 shares of the exchange traded fund’s stock valued at $2,235,000 after buying an additional 3,097 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in iShares Russell 2000 ETF by 5.8% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 2,845 shares of the exchange traded fund’s stock valued at $568,000 after buying an additional 156 shares during the period.

iShares Russell 2000 ETF Stock Up 0.7%

IWM opened at $245.83 on Monday. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $248.09. The business has a 50 day moving average of $233.01 and a 200-day moving average of $215.01. The stock has a market cap of $70.91 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15.

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.