28,047 iShares Russell 2000 ETF $IWM Shares Sold by Strategic Equity Management

Strategic Equity Management lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 61.3% during the third quarter, Holdings Channel.com reports. The firm owned 17,670 shares of the exchange traded fund’s stock after selling 28,047 shares during the quarter. iShares Russell 2000 ETF accounts for 4.3% of Strategic Equity Management’s portfolio, making the stock its 11th biggest holding. Strategic Equity Management’s holdings in iShares Russell 2000 ETF were worth $4,910,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in IWM. AIA Group Ltd boosted its stake in iShares Russell 2000 ETF by 181.5% in the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock valued at $462,301,000 after purchasing an additional 1,201,808 shares during the period. Wolfstich Capital LLC grew its holdings in iShares Russell 2000 ETF by 44,992.3% in the 3rd quarter. Wolfstich Capital LLC now owns 542,460 shares of the exchange traded fund’s stock valued at $150,744,000 after buying an additional 541,257 shares in the last quarter. USA Financial Formulas increased its position in iShares Russell 2000 ETF by 15,520.1% during the 1st quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock worth $108,117,000 after buying an additional 433,165 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Russell 2000 ETF by 6.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock worth $790,492,000 after buying an additional 197,189 shares during the period. Finally, Modern Wealth Management LLC increased its position in iShares Russell 2000 ETF by 2,314.3% during the 1st quarter. Modern Wealth Management LLC now owns 205,625 shares of the exchange traded fund’s stock worth $51,316,000 after buying an additional 197,108 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM opened at $282.51 on Tuesday. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18. The company has a market capitalization of $78.47 billion, a P/E ratio of 17.69 and a beta of 1.14. The stock has a fifty day moving average of $281.84 and a 200-day moving average of $278.98.

iShares Russell 2000 ETF Company 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.