Tiemann Investment Advisors LLC Decreases Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Tiemann Investment Advisors LLC lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,009 shares of the exchange traded fund’s stock after selling 98 shares during the quarter. Tiemann Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $665,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new position in iShares Russell 2000 ETF in the third quarter valued at about $25,000. Field & Main Bank purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Insight Inv LLC acquired a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $30,000. RPg Family Wealth Advisory LLC acquired a new position in iShares Russell 2000 ETF during the third quarter worth $31,000. Finally, Financial Management Professionals Inc. purchased a new stake in iShares Russell 2000 ETF during the fourth quarter worth $32,000.

iShares Russell 2000 ETF Stock Up 0.3 %

Shares of IWM stock opened at $205.95 on Monday. The stock has a market cap of $65.97 billion, a P/E ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The business has a fifty day simple moving average of $221.94 and a 200-day simple moving average of $223.83.

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.