Russell Investments Group Ltd. cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 35.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,441 shares of the exchange traded fund’s stock after selling 8,000 shares during the quarter. Russell Investments Group Ltd.’s holdings in iShares Russell 2000 ETF were worth $2,246,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dividend Assets Capital LLC purchased a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at approximately $31,000. Weaver Consulting Group purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $50,000. TRUE Private Wealth Advisors purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $59,000. G&S Capital LLC raised its stake in shares of iShares Russell 2000 ETF by 888.9% during the 2nd quarter. G&S Capital LLC now owns 445 shares of the exchange traded fund’s stock worth $69,000 after buying an additional 400 shares in the last quarter. Finally, Crosspoint Capital Strategies LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $80,000.
Shares of IWM stock traded up $1.22 during trading hours on Thursday, reaching $157.74. 1,068,182 shares of the company’s stock were exchanged, compared to its average volume of 20,825,996. The company’s 50 day moving average is $150.70 and its two-hundred day moving average is $153.42. iShares Russell 2000 ETF has a 1 year low of $125.81 and a 1 year high of $171.82.
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.
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