Sollinda Capital Management LLC Sells 105,398 Shares of iShares Russell 2000 ETF $IWM

Sollinda Capital Management LLC trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 82.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 22,138 shares of the exchange traded fund’s stock after selling 105,398 shares during the quarter. iShares Russell 2000 ETF comprises approximately 1.5% of Sollinda Capital Management LLC’s portfolio, making the stock its 14th largest holding. Sollinda Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $5,357,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IWM. Bernard Wealth Management Corp. raised its position in shares of iShares Russell 2000 ETF by 0.8% during the second quarter. Bernard Wealth Management Corp. now owns 5,976 shares of the exchange traded fund’s stock worth $1,290,000 after purchasing an additional 47 shares during the period. Thoroughbred Financial Services LLC increased its stake in iShares Russell 2000 ETF by 1.5% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after purchasing an additional 48 shares in the last quarter. Crowley Wealth Management Inc. raised its holdings in iShares Russell 2000 ETF by 8.1% during the third quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock worth $161,000 after buying an additional 50 shares during the last quarter. Smart Portfolios LLC raised its holdings in iShares Russell 2000 ETF by 3.7% during the third quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 50 shares during the last quarter. Finally, Traynor Capital Management Inc. lifted its stake in shares of iShares Russell 2000 ETF by 5.0% in the third quarter. Traynor Capital Management Inc. now owns 1,077 shares of the exchange traded fund’s stock valued at $261,000 after buying an additional 51 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $262.18 on Tuesday. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $271.60. The company has a market cap of $75.63 billion, a PE ratio of 17.69 and a beta of 1.13. The firm has a 50-day moving average of $255.17 and a 200-day moving average of $242.94.

iShares Russell 2000 ETF 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.