Pinnacle Wealth Management Advisory Group LLC Decreases Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pinnacle Wealth Management Advisory Group LLC decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,356 shares of the exchange traded fund’s stock after selling 608 shares during the quarter. iShares Russell 2000 ETF makes up approximately 1.3% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 20th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell 2000 ETF were worth $10,910,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in IWM. Morgan Stanley boosted its stake in iShares Russell 2000 ETF by 34.8% during the 3rd quarter. Morgan Stanley now owns 19,634,415 shares of the exchange traded fund’s stock worth $3,470,187,000 after purchasing an additional 5,063,767 shares during the period. Private Advisor Group LLC increased its position in iShares Russell 2000 ETF by 104.5% in the 4th quarter. Private Advisor Group LLC now owns 193,264 shares of the exchange traded fund’s stock valued at $38,786,000 after acquiring an additional 4,492,092 shares during the period. International Assets Investment Management LLC raised its stake in iShares Russell 2000 ETF by 20,707.4% during the 4th quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock valued at $897,019,000 after acquiring an additional 4,447,751 shares during the last quarter. Granite Bay Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 1,331.4% during the 4th quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock worth $782,581,000 after acquiring an additional 3,626,670 shares during the period. Finally, Barclays PLC grew its stake in shares of iShares Russell 2000 ETF by 43.5% in the 3rd quarter. Barclays PLC now owns 4,484,931 shares of the exchange traded fund’s stock valued at $792,666,000 after purchasing an additional 1,360,520 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock traded up $1.11 during trading hours on Thursday, hitting $204.89. 11,011,291 shares of the company were exchanged, compared to its average volume of 36,677,488. The business has a 50-day moving average of $202.48 and a 200-day moving average of $193.37. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $211.88.

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.