GLOBALT Investments LLC GA Decreases Holdings in iShares Russell 2000 ETF $IWM

GLOBALT Investments LLC GA reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.9% in the 3rd quarter, Holdings Channel reports. The firm owned 245,524 shares of the exchange traded fund’s stock after selling 18,131 shares during the period. iShares Russell 2000 ETF accounts for approximately 2.2% of GLOBALT Investments LLC GA’s holdings, making the stock its 9th largest position. GLOBALT Investments LLC GA’s holdings in iShares Russell 2000 ETF were worth $59,407,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC increased its stake in shares of iShares Russell 2000 ETF by 5.8% in the 2nd quarter. Empower Advisory Group LLC now owns 8,616,866 shares of the exchange traded fund’s stock valued at $1,859,433,000 after purchasing an additional 472,801 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Russell 2000 ETF by 35.3% in the second quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock valued at $1,764,930,000 after buying an additional 2,134,779 shares in the last quarter. Rafferty Asset Management LLC grew its position in iShares Russell 2000 ETF by 10.6% in the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after acquiring an additional 648,801 shares during the last quarter. Holocene Advisors LP acquired a new position in iShares Russell 2000 ETF during the second quarter worth about $1,230,003,000. Finally, Canada Pension Plan Investment Board raised its stake in iShares Russell 2000 ETF by 74.7% during the first quarter. Canada Pension Plan Investment Board now owns 3,010,000 shares of the exchange traded fund’s stock worth $600,465,000 after acquiring an additional 1,287,000 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 0.6%

IWM opened at $252.08 on Wednesday. The company has a market cap of $69.81 billion, a P/E ratio of 17.69 and a beta of 1.13. The company’s 50 day moving average is $245.77 and its 200-day moving average is $234.31. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $258.20.

iShares Russell 2000 ETF Company 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.