iShares Russell 2000 ETF $IWM Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 46.9% in the first quarter, Holdings Channel reports. The firm owned 291,965 shares of the exchange traded fund’s stock after selling 257,775 shares during the period. Hsbc Holdings PLC’s holdings in iShares Russell 2000 ETF were worth $72,274,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWM. Accredited Investors Inc. raised its position in shares of iShares Russell 2000 ETF by 7.5% during the 1st quarter. Accredited Investors Inc. now owns 355,004 shares of the exchange traded fund’s stock worth $88,041,000 after purchasing an additional 24,858 shares during the last quarter. Sonata Capital Group Inc. boosted its holdings in iShares Russell 2000 ETF by 8.4% in the 1st quarter. Sonata Capital Group Inc. now owns 8,281 shares of the exchange traded fund’s stock worth $2,054,000 after buying an additional 645 shares during the last quarter. Team Hewins LLC increased its stake in iShares Russell 2000 ETF by 85.7% during the 1st quarter. Team Hewins LLC now owns 1,588 shares of the exchange traded fund’s stock worth $394,000 after buying an additional 733 shares in the last quarter. Forza Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 9.5% during the 1st quarter. Forza Wealth Management LLC now owns 2,992 shares of the exchange traded fund’s stock worth $742,000 after buying an additional 260 shares in the last quarter. Finally, First Horizon Corp raised its holdings in shares of iShares Russell 2000 ETF by 0.5% during the first quarter. First Horizon Corp now owns 103,795 shares of the exchange traded fund’s stock valued at $25,741,000 after acquiring an additional 558 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $294.04 on Monday. The company has a market cap of $81.48 billion, a PE ratio of 17.69 and a beta of 1.10. The stock’s 50 day simple moving average is $290.80 and its 200-day simple moving average is $271.49. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $302.72.

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.