Analyst IMS Investment Management Services Ltd. Sells 967 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Analyst IMS Investment Management Services Ltd. reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,879 shares of the exchange traded fund’s stock after selling 967 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.8% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 15th largest position. Analyst IMS Investment Management Services Ltd.’s holdings in iShares Russell 2000 ETF were worth $21,627,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Proficio Capital Partners LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter valued at approximately $4,672,147,000. JPMorgan Chase & Co. lifted its position in 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 valued at $952,788,000 after acquiring an additional 1,446,443 shares in the last quarter. Wealthfront Advisers LLC lifted its position in iShares Russell 2000 ETF by 45,890.5% in the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock valued at $308,216,000 after acquiring an additional 1,391,860 shares in the last quarter. 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 acquiring an additional 734,412 shares in the last quarter. Finally, Redwood Investment Management LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter valued at approximately $142,774,000.

iShares Russell 2000 ETF Trading Down 1.5 %

IWM stock opened at $198.10 on Friday. The stock has a market capitalization of $63.45 billion, a PE ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98. The stock’s 50 day simple moving average is $220.28 and its 200 day simple moving average is $223.27.

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.