Sovereign Financial Group Inc. Lowers Stock Position in iShares Russell 2000 ETF $IWM

Sovereign Financial Group Inc. reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 43.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,347 shares of the exchange traded fund’s stock after selling 1,796 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares Russell 2000 ETF were worth $582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares Russell 2000 ETF by 633.5% during the 4th quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock worth $10,769,927,000 after buying an additional 51,952,453 shares in the last quarter. CTC LLC grew its holdings in shares of iShares Russell 2000 ETF by 102.5% in the third quarter. CTC LLC now owns 339,320 shares of the exchange traded fund’s stock valued at $82,102,000 after acquiring an additional 13,804,173 shares in the last quarter. HRT Financial LP increased its position in shares of iShares Russell 2000 ETF by 112.9% during the fourth quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after acquiring an additional 2,184,265 shares during the last quarter. Jump Financial LLC increased its position in shares of iShares Russell 2000 ETF by 452.0% during the fourth quarter. Jump Financial LLC now owns 1,655,028 shares of the exchange traded fund’s stock valued at $407,402,000 after acquiring an additional 1,355,215 shares during the last quarter. Finally, Durable Capital Partners LP lifted its holdings in iShares Russell 2000 ETF by 105.5% during the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock worth $560,335,000 after acquiring an additional 1,333,316 shares during the period.

iShares Russell 2000 ETF Trading Down 1.0%

Shares of iShares Russell 2000 ETF stock opened at $295.32 on Wednesday. The business’s fifty day simple moving average is $283.23 and its 200 day simple moving average is $265.77. iShares Russell 2000 ETF has a 12 month low of $211.89 and a 12 month high of $299.49. The firm has a market capitalization of $82.01 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.