IFP Advisors Inc Reduces Holdings in iShares Russell 2000 ETF $IWM

IFP Advisors Inc decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 70.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,119 shares of the exchange traded fund’s stock after selling 60,874 shares during the period. IFP Advisors Inc’s holdings in iShares Russell 2000 ETF were worth $7,547,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWM. SlateStone Wealth LLC raised its position in shares of iShares Russell 2000 ETF by 1.0% during the 2nd quarter. SlateStone Wealth LLC now owns 7,860 shares of the exchange traded fund’s stock valued at $2,362,000 after buying an additional 78 shares during the period. Thomasville National Bank purchased a new position in iShares Russell 2000 ETF in the second quarter worth approximately $1,047,000. Royal Fund Management LLC purchased a new position in iShares Russell 2000 ETF in the second quarter worth approximately $11,758,000. Venturi Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 2.2% during the second quarter. Venturi Wealth Management LLC now owns 143,433 shares of the exchange traded fund’s stock worth $43,094,000 after acquiring an additional 3,087 shares during the last quarter. Finally, Poehling Capital Management INC. acquired a new stake in iShares Russell 2000 ETF during the second quarter worth $273,000.

iShares Russell 2000 ETF Stock Up 0.6%

Shares of iShares Russell 2000 ETF stock opened at $302.71 on Thursday. The firm has a market cap of $83.32 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $223.69 and a 52 week high of $303.41. The business’s fifty day simple moving average is $294.79 and its 200-day simple moving average is $276.21.

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.