Analyst IMS Investment Management Services Ltd. Decreases Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Analyst IMS Investment Management Services Ltd. cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 97,879 shares of the exchange traded fund’s stock after selling 967 shares during the period. iShares Russell 2000 ETF comprises approximately 0.8% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 15th largest position. Analyst IMS Investment Management Services Ltd.’s holdings in iShares Russell 2000 ETF were worth $21,627,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in IWM. Proficio Capital Partners LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $4,672,147,000. JPMorgan Chase & Co. increased its stake in shares of iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Wealthfront Advisers LLC increased its stake in shares of iShares Russell 2000 ETF by 45,890.5% in the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after purchasing an additional 1,391,860 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in shares of iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares in the last quarter. Finally, Redwood Investment Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth $142,774,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $198.10 on Friday. The firm has a market capitalization of $63.45 billion, a price-to-earnings 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 business has a fifty day moving average price of $220.28 and a 200-day moving average price of $223.27.

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.