Nixon Peabody Trust Co. Reduces Stake in iShares Russell 2000 ETF $IWM

Nixon Peabody Trust Co. reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 43.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,930 shares of the exchange traded fund’s stock after selling 3,755 shares during the period. Nixon Peabody Trust Co.’s holdings in iShares Russell 2000 ETF were worth $1,223,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IWM. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Acumen Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF during the third quarter valued at $28,000. Osbon Capital Management LLC bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $31,000. Finally, Columbia Asset Management bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $297.58 on Friday. The company has a market capitalization of $81.37 billion, a P/E ratio of 17.69 and a beta of 1.10. The business has a fifty day simple moving average of $287.47 and a two-hundred day simple moving average of $268.23. iShares Russell 2000 ETF has a 1 year low of $212.34 and a 1 year high of $302.72.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.