Citizens Financial Group Inc. RI Lowers Holdings in iShares Russell 2000 ETF $IWM

Citizens Financial Group Inc. RI lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.2% in the first quarter, HoldingsChannel reports. The fund owned 378,372 shares of the exchange traded fund’s stock after selling 12,690 shares during the quarter. iShares Russell 2000 ETF makes up about 1.3% of Citizens Financial Group Inc. RI’s portfolio, making the stock its 16th largest position. Citizens Financial Group Inc. RI’s holdings in iShares Russell 2000 ETF were worth $93,836,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Acumen Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $28,000. Osbon Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $31,000. Columbia Asset Management acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM traded down $1.25 during trading hours on Friday, hitting $295.99. The stock had a trading volume of 15,882,220 shares, compared to its average volume of 35,758,820. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72. The firm has a market cap of $82.29 billion, a P/E ratio of 17.69 and a beta of 1.10. The company’s fifty day simple moving average is $289.60 and its 200 day simple moving average is $269.86.

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.