Sunburst Financial Group LLC Reduces Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Sunburst Financial Group LLC lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,325 shares of the exchange traded fund’s stock after selling 410 shares during the period. iShares Russell 2000 ETF makes up approximately 1.0% of Sunburst Financial Group LLC’s holdings, making the stock its 20th largest position. Sunburst Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $4,049,000 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. International Assets Investment Management LLC increased its stake in shares of iShares Russell 2000 ETF by 24,883.5% in the 3rd quarter. International Assets Investment Management LLC now owns 2,832,878 shares of the exchange traded fund’s stock worth $625,754,000 after purchasing an additional 2,821,539 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Russell 2000 ETF by 50.5% during the third quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after purchasing an additional 1,446,443 shares during the period. Strategic Financial Concepts LLC grew its holdings in iShares Russell 2000 ETF by 21,916.2% during the fourth 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 period. Redwood Investment Management LLC purchased a new stake in iShares Russell 2000 ETF in the third quarter worth about $142,774,000. Finally, IMC Chicago LLC bought a new position in shares of iShares Russell 2000 ETF in the third quarter worth about $100,618,000.

iShares Russell 2000 ETF Trading Up 1.1 %

Shares of NYSEARCA:IWM opened at $226.14 on Friday. The stock has a 50 day moving average of $226.30 and a 200 day moving average of $223.10. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month 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.