iShares Russell 2000 ETF $IWM Shares Sold by Moneywise Inc.

Moneywise Inc. trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 84.2% during the third quarter, HoldingsChannel reports. The firm owned 4,017 shares of the exchange traded fund’s stock after selling 21,485 shares during the quarter. iShares Russell 2000 ETF accounts for about 1.1% of Moneywise Inc.’s investment portfolio, making the stock its 26th biggest holding. Moneywise Inc.’s holdings in iShares Russell 2000 ETF were worth $1,116,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWM. Rogco LP bought a new stake in iShares Russell 2000 ETF in the second quarter worth about $25,000. Montgomery Financial Services LLC purchased a new position in iShares Russell 2000 ETF in the second quarter valued at about $30,000. Signature Resources Capital Management LLC grew its position in shares of iShares Russell 2000 ETF by 362.1% during the 3rd quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 105 shares during the period. Timbuktu Capital Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 2nd quarter valued at approximately $43,000. Finally, Scarborough Advisors LLC bought a new position in shares of iShares Russell 2000 ETF during the 1st quarter valued at approximately $37,000.

iShares Russell 2000 ETF Stock Up 0.2%

Shares of IWM stock opened at $279.79 on Wednesday. The company has a 50 day moving average of $283.49 and a 200-day moving average of $278.73. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The firm has a market cap of $75.59 billion, a P/E ratio of 17.69 and a beta of 1.14.

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.