Oppenheimer & Co. Inc. Reduces Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Oppenheimer & Co. Inc. lessened its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,135 shares of the exchange traded fund’s stock after selling 3,803 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 ETF were worth $8,205,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in IWM. Oppenheimer Asset Management Inc. raised its stake in iShares Russell 2000 ETF by 17.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 112,540 shares of the exchange traded fund’s stock worth $24,867,000 after purchasing an additional 16,858 shares during the period. Kovack Advisors Inc. lifted its stake in shares of iShares Russell 2000 ETF by 1.8% during the fourth quarter. Kovack Advisors Inc. now owns 3,471 shares of the exchange traded fund’s stock worth $767,000 after purchasing an additional 60 shares in the last quarter. MKD Wealth Coaches LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth about $577,000. K.J. Harrison & Partners Inc grew its stake in shares of iShares Russell 2000 ETF by 51.0% in the fourth quarter. K.J. Harrison & Partners Inc now owns 26,658 shares of the exchange traded fund’s stock valued at $5,895,000 after buying an additional 9,000 shares in the last quarter. Finally, Apriem Advisors raised its holdings in shares of iShares Russell 2000 ETF by 9.7% during the 4th quarter. Apriem Advisors now owns 7,469 shares of the exchange traded fund’s stock valued at $1,650,000 after buying an additional 660 shares during the period.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $212.39 on Friday. The firm has a market capitalization of $68.03 billion, a PE ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a one year low of $191.34 and a one year high of $244.98. The stock’s 50 day moving average price is $223.71 and its 200 day moving average price is $223.76.

iShares Russell 2000 ETF Company 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.