NewEdge Advisors LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 6.3% in the first quarter, Holdings Channel reports. The institutional investor owned 105,307 shares of the exchange traded fund’s stock after selling 7,122 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $26,116,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds also recently modified their holdings of IWM. Acumen Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF in the 3rd quarter worth $28,000. Osbon Capital Management LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth $31,000. Columbia Asset Management bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $32,000. Finally, Tucker Asset Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter worth about $32,000.
iShares Russell 2000 ETF Stock Performance
Shares of IWM opened at $301.56 on Friday. The company has a 50-day simple moving average of $294.09 and a 200-day simple moving average of $275.41. The firm has a market capitalization of $83.00 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $219.74 and a 52 week high of $303.06.
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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Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report).
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