Mechanics Financial Corp Has $2.21 Million Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Mechanics Financial Corp lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.4% in the third quarter, HoldingsChannel reports. The fund owned 10,003 shares of the exchange traded fund’s stock after selling 573 shares during the period. iShares Russell 2000 ETF makes up 1.0% of Mechanics Financial Corp’s portfolio, making the stock its 22nd largest position. Mechanics Financial Corp’s holdings in iShares Russell 2000 ETF were worth $2,210,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at about $26,000. PSI Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 63 shares during the last quarter. Centerpoint Advisors LLC raised its stake in shares of iShares Russell 2000 ETF by 625.0% during the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 125 shares in the last quarter. Cordant Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter valued at approximately $30,000. Finally, Atlanta Consulting Group Advisors LLC bought a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $32,000.

iShares Russell 2000 ETF Stock Down 1.5 %

NYSEARCA IWM opened at $228.48 on Friday. The firm’s fifty day moving average price is $221.93 and its two-hundred day moving average price is $213.17. iShares Russell 2000 ETF has a 1 year low of $175.15 and a 1 year high of $242.39.

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.