Money Concepts Capital Corp lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 98.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,233 shares of the exchange traded fund’s stock after selling 356,677 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares Russell 2000 ETF were worth $1,546,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $626,000. Your Advocates Ltd. LLP lifted its holdings in shares of iShares Russell 2000 ETF by 32.3% during the first quarter. Your Advocates Ltd. LLP now owns 336 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 82 shares during the period. Austin Asset Management Co Inc bought a new position in shares of iShares Russell 2000 ETF during the first quarter valued at $232,000. Cahaba Wealth Management Inc. boosted its stake in shares of iShares Russell 2000 ETF by 4.8% in the 1st quarter. Cahaba Wealth Management Inc. now owns 2,043 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 93 shares in the last quarter. Finally, Seelaus Asset Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 17.1% in the 1st quarter. Seelaus Asset Management LLC now owns 1,711 shares of the exchange traded fund’s stock valued at $424,000 after purchasing an additional 250 shares in the last quarter.
iShares Russell 2000 ETF Trading Down 0.4%
IWM stock traded down $1.25 during trading on Friday, hitting $295.99. 15,882,220 shares of the stock traded hands, compared to its average volume of 35,758,820. The stock has a market cap of $81.28 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a one year low of $212.34 and a one year high of $302.72. The company has a 50 day simple moving average of $289.60 and a 200 day simple moving average of $269.86.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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