iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Abbot Financial Management Inc.

Abbot Financial Management Inc. decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 12,571 shares of the exchange traded fund’s stock after selling 255 shares during the period. iShares Russell 2000 ETF comprises 1.4% of Abbot Financial Management Inc.’s holdings, making the stock its 18th largest position. Abbot Financial Management Inc.’s holdings in iShares Russell 2000 ETF were worth $2,778,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWM. Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $4,672,147,000. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 1,446,443 shares during the period. Strategic Financial Concepts LLC lifted its position in 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 valued at $163,016,000 after purchasing an additional 734,412 shares during the last quarter. Redwood Investment Management LLC bought a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at about $142,774,000. Finally, Cibc World Market Inc. boosted its position in shares of iShares Russell 2000 ETF by 18.1% during the fourth quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock worth $633,797,000 after buying an additional 440,218 shares during the period.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $206.42 on Wednesday. The business has a fifty day moving average of $222.97 and a 200-day moving average of $223.99. The stock has a market cap of $66.12 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98.

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.