iShares Russell 2000 ETF (NYSEARCA:IWM) Position Reduced by Cedar Wealth Management LLC

Cedar Wealth Management LLC cut its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 47.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,232 shares of the exchange traded fund’s stock after selling 1,134 shares during the quarter. Cedar Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $272,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IWM. Legacy Investment Solutions LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $25,000. Field & Main Bank acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Atala Financial Inc acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Insight Inv LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $31,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $203.79 on Friday. The stock’s 50 day moving average price is $218.17 and its 200 day moving average price is $222.72. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The company has a market capitalization of $65.86 billion, a P/E ratio of 16.20 and a beta of 1.19.

About iShares Russell 2000 ETF

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.