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

Oppenheimer & Co. Inc. reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,135 shares of the exchange traded fund’s stock after selling 3,803 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 ETF were worth $8,205,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at $25,000. Field & Main Bank acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $30,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth $31,000. Finally, Thompson Investment Management Inc. acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $32,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $212.39 on Friday. The company has a market capitalization of $68.03 billion, a P/E 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. The business has a 50 day moving average price of $223.71 and a 200 day moving average price of $223.76.

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.