Blodgett Wealth Advisors LLC Lowers Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Blodgett Wealth Advisors LLC lowered its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 39.9% during the 4th quarter, HoldingsChannel reports. The fund owned 3,015 shares of the exchange traded fund’s stock after selling 2,000 shares during the period. iShares Russell 2000 ETF accounts for approximately 0.6% of Blodgett Wealth Advisors LLC’s portfolio, making the stock its 28th biggest holding. Blodgett Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of IWM. DAVENPORT & Co LLC raised its position in shares of iShares Russell 2000 ETF by 11.5% in the 3rd quarter. DAVENPORT & Co LLC now owns 14,113 shares of the exchange traded fund’s stock worth $2,494,000 after purchasing an additional 1,458 shares during the last quarter. Founders Financial Securities LLC raised its holdings in iShares Russell 2000 ETF by 6.8% in the third quarter. Founders Financial Securities LLC now owns 2,167 shares of the exchange traded fund’s stock worth $383,000 after buying an additional 138 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in shares of iShares Russell 2000 ETF by 13.3% in the third quarter. GHP Investment Advisors Inc. now owns 2,003 shares of the exchange traded fund’s stock worth $341,000 after buying an additional 235 shares in the last quarter. Washington Trust Advisors Inc. grew its holdings in shares of iShares Russell 2000 ETF by 276.5% during the third quarter. Washington Trust Advisors Inc. now owns 817 shares of the exchange traded fund’s stock valued at $144,000 after buying an additional 600 shares during the last quarter. Finally, Koshinski Asset Management Inc. increased its position in shares of iShares Russell 2000 ETF by 7.8% during the third quarter. Koshinski Asset Management Inc. now owns 3,501 shares of the exchange traded fund’s stock valued at $619,000 after acquiring an additional 252 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM stock traded up $1.88 during midday trading on Friday, hitting $198.36. The company’s stock had a trading volume of 24,613,603 shares, compared to its average volume of 32,692,924. The firm’s 50-day moving average is $202.47 and its 200-day moving average is $191.68. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $211.88.

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.