Pinnacle Financial Partners Inc Trims Stock Position in iShares Russell 2000 ETF $IWM

Pinnacle Financial Partners Inc trimmed its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 27.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 59,320 shares of the exchange traded fund’s stock after selling 22,839 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares Russell 2000 ETF were worth $14,353,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Brighton Jones LLC boosted its position in iShares Russell 2000 ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after acquiring an additional 2,221 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in iShares Russell 2000 ETF by 13.2% in 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in iShares Russell 2000 ETF by 16.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after purchasing an additional 1,300 shares in the last quarter. Focus Financial Network Inc. lifted its position in iShares Russell 2000 ETF by 9.5% during the second quarter. Focus Financial Network Inc. now owns 7,545 shares of the exchange traded fund’s stock valued at $1,628,000 after buying an additional 653 shares during the period. Finally, Signal Advisors Wealth LLC bought a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at $227,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $265.76 on Friday. The firm’s 50-day moving average price is $249.22 and its 200-day moving average price is $239.39. The company has a market capitalization of $77.77 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $267.22.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.