Ellenbecker Investment Group lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,417 shares of the exchange traded fund’s stock after selling 336 shares during the quarter. iShares Russell 2000 ETF makes up about 0.5% of Ellenbecker Investment Group’s investment portfolio, making the stock its 25th largest position. Ellenbecker Investment Group’s holdings in iShares Russell 2000 ETF were worth $1,418,000 as of its most recent filing with the SEC.
Several other hedge funds also recently added to or reduced their stakes in IWM. FMR LLC lifted its holdings in shares of iShares Russell 2000 ETF by 8.1% in the first quarter. FMR LLC now owns 237,191 shares of the exchange traded fund’s stock worth $36,313,000 after buying an additional 17,822 shares in the last quarter. First Trust Advisors LP purchased a new stake in iShares Russell 2000 ETF during the first quarter valued at $1,367,000. Wealth Alliance purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at $223,000. Boothbay Fund Management LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at $710,000. Finally, Eudaimonia Partners LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at $297,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell 2000 ETF stock traded up $1.12 during mid-day trading on Thursday, reaching $221.81. 1,499,028 shares of the company’s stock traded hands, compared to its average volume of 31,402,713. The stock has a 50 day moving average of $223.23 and a two-hundred day moving average of $202.62. iShares Russell 2000 ETF has a 12-month low of $113.29 and a 12-month high of $234.53.
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.
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