iShares Russell 2000 ETF $IWM Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 34.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 23,783 shares of the exchange traded fund’s stock after selling 12,390 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 ETF were worth $5,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC boosted its position in iShares Russell 2000 ETF by 211.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 228 shares during the period. Pingora Partners LLC bought a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at about $32,000. Beacon Capital Management Inc. bought a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at about $35,000. Pineridge Advisors LLC lifted its holdings in iShares Russell 2000 ETF by 93.9% in the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 92 shares during the period. Finally, IMG Wealth Management Inc. lifted its holdings in iShares Russell 2000 ETF by 67.7% in the second quarter. IMG Wealth Management Inc. now owns 208 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 84 shares during the period.

iShares Russell 2000 ETF Trading Down 0.3%

iShares Russell 2000 ETF stock opened at $266.16 on Wednesday. The stock has a market cap of $75.82 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company’s 50-day moving average price is $257.12 and its two-hundred day moving average price is $244.60. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60.

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