Oppenheimer Asset Management Inc. Lowers Stock Holdings in iShares Russell 2000 ETF $IWM

Oppenheimer Asset Management Inc. cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 17.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,830 shares of the exchange traded fund’s stock after selling 17,401 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $18,090,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Opal Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the second quarter valued at $28,000. Financial Network Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the 1st quarter worth $29,000. Brooklyn Investment Group bought a new position in iShares Russell 2000 ETF in the 1st quarter worth $30,000. Proathlete Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter worth approximately $34,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $249.43 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $252.77. The company has a market capitalization of $70.25 billion, a P/E ratio of 17.69 and a beta of 1.15. The company has a fifty day moving average of $239.98 and a 200 day moving average of $220.14.

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.