Valiant Capital Management L.P. Decreases Position in iShares Russell 2000 ETF $IWM

Valiant Capital Management L.P. reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 480,107 shares of the exchange traded fund’s stock after selling 13,270 shares during the quarter. iShares Russell 2000 ETF comprises approximately 5.7% of Valiant Capital Management L.P.’s portfolio, making the stock its 4th biggest holding. Valiant Capital Management L.P.’s holdings in iShares Russell 2000 ETF were worth $103,602,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IWM. Brighton Jones LLC lifted its stake in 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 worth $19,385,000 after purchasing an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of iShares Russell 2000 ETF by 13.2% during the 4th 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 in the last quarter. Benjamin Edwards Inc. lifted its position in iShares Russell 2000 ETF by 31.8% in the 1st quarter. Benjamin Edwards Inc. now owns 12,012 shares of the exchange traded fund’s stock worth $2,396,000 after buying an additional 2,900 shares during the last quarter. SouthState Corp lifted its position in iShares Russell 2000 ETF by 19.0% in the 1st quarter. SouthState Corp now owns 3,618 shares of the exchange traded fund’s stock worth $722,000 after buying an additional 578 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in iShares Russell 2000 ETF in the first quarter worth approximately $1,712,000.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $251.39 on Wednesday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $252.95. The firm’s fifty day moving average is $244.26 and its 200 day moving average is $231.15. The firm has a market cap of $69.62 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.