Midland Wealth Advisors LLC Trims Stock Position in iShares Russell 2000 ETF $IWM

Midland Wealth Advisors LLC decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 43.0% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,904 shares of the exchange traded fund’s stock after selling 2,188 shares during the period. Midland Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $627,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Bernard Wealth Management Corp. boosted its stake in iShares Russell 2000 ETF by 0.8% in the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock valued at $1,290,000 after acquiring an additional 47 shares in the last quarter. Ironwood Investment Counsel LLC lifted its holdings in shares of iShares Russell 2000 ETF by 2.8% in the 1st quarter. Ironwood Investment Counsel LLC now owns 1,835 shares of the exchange traded fund’s stock valued at $366,000 after purchasing an additional 50 shares during the last quarter. Occidental Asset Management LLC boosted its position in shares of iShares Russell 2000 ETF by 1.5% in the 2nd quarter. Occidental Asset Management LLC now owns 3,396 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 51 shares during the period. USAdvisors Wealth Management LLC grew its stake in iShares Russell 2000 ETF by 0.6% during the 1st quarter. USAdvisors Wealth Management LLC now owns 9,385 shares of the exchange traded fund’s stock worth $1,872,000 after buying an additional 53 shares during the last quarter. Finally, Catalyst Financial Partners LLC grew its stake in iShares Russell 2000 ETF by 1.0% during the 1st quarter. Catalyst Financial Partners LLC now owns 5,302 shares of the exchange traded fund’s stock worth $1,058,000 after buying an additional 55 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.5%

Shares of NYSEARCA IWM opened at $241.61 on Monday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $252.77. The stock has a 50 day moving average of $242.70 and a two-hundred day moving average of $224.74. The stock has a market cap of $66.91 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.