M&T Bank Corp Sells 2,111,811 Shares of iShares Russell 2000 ETF $IWM

M&T Bank Corp lowered its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 93.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 143,970 shares of the exchange traded fund’s stock after selling 2,111,811 shares during the period. M&T Bank Corp’s holdings in iShares Russell 2000 ETF were worth $35,440,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of IWM. Moody Lynn & Lieberson LLC grew its stake in iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock valued at $1,256,000 after acquiring an additional 41 shares in the last quarter. Northern Financial Advisors Inc grew its stake in iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after acquiring an additional 45 shares in the last quarter. Punch & Associates Investment Management Inc. grew its stake in iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 45 shares in the last quarter. Ameriflex Group Inc. grew its stake in iShares Russell 2000 ETF by 8.1% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock valued at $155,000 after acquiring an additional 48 shares in the last quarter. Finally, Financial Management Professionals Inc. grew its stake in iShares Russell 2000 ETF by 7.4% during the fourth quarter. Financial Management Professionals Inc. now owns 700 shares of the exchange traded fund’s stock valued at $172,000 after acquiring an additional 48 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM opened at $276.48 on Thursday. The stock has a market capitalization of $77.93 billion, a price-to-earnings ratio of 17.69 and a beta of 1.09. The company has a fifty day moving average of $257.66 and a 200 day moving average of $253.36. iShares Russell 2000 ETF has a fifty-two week low of $189.84 and a fifty-two week high of $279.79.

About iShares Russell 2000 ETF

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.