Boston Research & Management Inc. lowered its stake in iShares Russell 2000 Index (NYSE:IWM) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,928 shares of the exchange traded fund’s stock after selling 280 shares during the period. iShares Russell 2000 Index accounts for 2.1% of Boston Research & Management Inc.’s holdings, making the stock its 8th largest position. Boston Research & Management Inc.’s holdings in iShares Russell 2000 Index were worth $3,935,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IWM. Capital Analysts LLC boosted its position in iShares Russell 2000 Index by 19.0% in the second quarter. Capital Analysts LLC now owns 734 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 117 shares during the last quarter. Grove Bank & Trust boosted its position in iShares Russell 2000 Index by 19.6% in the second quarter. Grove Bank & Trust now owns 762 shares of the exchange traded fund’s stock worth $107,000 after buying an additional 125 shares during the last quarter. Barnett & Company Inc. boosted its position in iShares Russell 2000 Index by 388.9% in the second quarter. Barnett & Company Inc. now owns 880 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 700 shares during the last quarter. Carroll Financial Associates Inc. boosted its position in iShares Russell 2000 Index by 64.9% in the second quarter. Carroll Financial Associates Inc. now owns 930 shares of the exchange traded fund’s stock worth $131,000 after buying an additional 366 shares during the last quarter. Finally, BDO Wealth Advisors LLC purchased a new position in iShares Russell 2000 Index during the second quarter worth $137,000.

iShares Russell 2000 Index (NYSE:IWM) opened at 138.37 on Thursday. iShares Russell 2000 Index has a 12-month low of $114.88 and a 12-month high of $144.25. The firm has a 50-day moving average of $139.76 and a 200-day moving average of $138.50.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The correct version of this story can be read at https://www.thecerbatgem.com/2017/08/31/ishares-russell-2000-index-iwm-stake-lowered-by-boston-research-management-inc.html.

About iShares Russell 2000 Index

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.

Institutional Ownership by Quarter for iShares Russell 2000 Index (NYSE:IWM)

Receive News & Stock Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related stocks with our FREE daily email newsletter.