Cranbrook Wealth Management LLC Sells 500 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Cranbrook Wealth Management LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.2% during the first quarter, HoldingsChannel.com reports. The firm owned 15,201 shares of the exchange traded fund’s stock after selling 500 shares during the quarter. Cranbrook Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $3,032,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Atala Financial Inc purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $27,000. Conquis Financial LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $30,000. Thompson Investment Management Inc. purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $32,000. Navigoe LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth about $33,000. Finally, Family Management Corp raised its position in iShares Russell 2000 ETF by 224.5% in the 4th quarter. Family Management Corp now owns 159 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 110 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA:IWM opened at $211.90 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The business has a 50-day simple moving average of $196.90 and a two-hundred day simple moving average of $213.31. The firm has a market cap of $63.54 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11.

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.