EverSource Wealth Advisors LLC Reduces Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

EverSource Wealth Advisors LLC reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,637 shares of the exchange traded fund’s stock after selling 171 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $505,000. Ritholtz Wealth Management lifted its stake in shares of iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 162 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of iShares Russell 2000 ETF by 0.6% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after purchasing an additional 339 shares during the period. Legacy Trust lifted its stake in shares of iShares Russell 2000 ETF by 1.0% in the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 295 shares during the period. Finally, Aurelius Family Office LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $1,244,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $201.10 on Thursday. The firm has a fifty day moving average price of $220.74 and a 200 day moving average price of $223.44. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The stock has a market cap of $64.41 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.