5,126 iShares Russell 2000 ETF $IWM Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,112 shares of the exchange traded fund’s stock after selling 5,126 shares during the period. Sowell Financial Services LLC’s holdings in iShares Russell 2000 ETF were worth $8,090,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 6.6% in 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 purchasing an additional 197,189 shares in the last quarter. AIA Group Ltd grew its position 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. Catalyst Capital Advisors LLC increased its stake in iShares Russell 2000 ETF by 12.0% during the 1st quarter. Catalyst Capital Advisors LLC now owns 1,603,667 shares of the exchange traded fund’s stock valued at $397,709,000 after purchasing an additional 171,918 shares in the last quarter. Fifth Third Bancorp increased its stake in iShares Russell 2000 ETF by 61.6% during the 1st quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock valued at $237,353,000 after purchasing an additional 364,779 shares in the last quarter. Finally, AMG National Trust Bank increased its stake in iShares Russell 2000 ETF by 4.6% during the 1st quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock valued at $213,394,000 after purchasing an additional 37,843 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 1.7%

IWM opened at $275.78 on Wednesday. iShares Russell 2000 ETF has a 1-year low of $228.90 and a 1-year high of $305.18. The company has a market cap of $79.12 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company’s fifty day moving average price is $287.88 and its two-hundred day moving average price is $286.72.

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.