SVB Wealth LLC Sells 6,305 Shares of iShares Russell 2000 ETF $IWM

SVB Wealth LLC cut its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,252 shares of the exchange traded fund’s stock after selling 6,305 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $5,784,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after buying an additional 2,221 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after buying an additional 1,431 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of iShares Russell 2000 ETF by 16.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,300 shares of the exchange traded fund’s stock worth $1,855,000 after buying an additional 1,300 shares during the period. FSC Wealth Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 416.6% in the second quarter. FSC Wealth Advisors LLC now owns 22,515 shares of the exchange traded fund’s stock worth $4,859,000 after buying an additional 18,157 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of iShares Russell 2000 ETF by 22.3% during the 2nd quarter. Sei Investments Co. now owns 16,320 shares of the exchange traded fund’s stock worth $3,522,000 after acquiring an additional 2,975 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $294.67 on Wednesday. The stock has a 50 day moving average price of $296.79 and a 200 day moving average price of $280.91. iShares Russell 2000 ETF has a 52-week low of $228.90 and a 52-week high of $305.18. The firm has a market capitalization of $81.11 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.