Smith Chas P & Associates PA Cpas Cuts Stake in iShares Russell 2000 ETF $IWM

Smith Chas P & Associates PA Cpas lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 35.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,307 shares of the exchange traded fund’s stock after selling 7,376 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in iShares Russell 2000 ETF were worth $3,220,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth about $30,000. GGM Financials LLC purchased a new position in iShares Russell 2000 ETF in the third quarter valued at approximately $35,000. Pingora Partners LLC acquired a new position in iShares Russell 2000 ETF during the second quarter valued at approximately $32,000. Beacon Capital Management Inc. purchased a new stake in iShares Russell 2000 ETF during the second quarter worth approximately $35,000. Finally, Caitlin John LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter worth $40,000.

iShares Russell 2000 ETF Trading Down 1.7%

Shares of iShares Russell 2000 ETF stock opened at $259.24 on Wednesday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60. The stock has a market cap of $73.84 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The company has a fifty day moving average price of $260.53 and a 200 day moving average price of $248.88.

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.