Laurel Wealth Advisors LLC Sells 2,850,302 Shares of iShares Russell 2000 ETF $IWM

Laurel Wealth Advisors LLC lessened its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 99.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,175 shares of the exchange traded fund’s stock after selling 2,850,302 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $3,672,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IWM. Bedell Frazier Investment Counselling LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $13,039,000. Arete Wealth Advisors LLC increased its position in iShares Russell 2000 ETF by 0.8% in the third quarter. Arete Wealth Advisors LLC now owns 28,306 shares of the exchange traded fund’s stock worth $6,850,000 after purchasing an additional 224 shares during the last quarter. Patrick M Sweeney & Associates Inc. purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at $203,000. Strategies Wealth Advisors LLC lifted its position in iShares Russell 2000 ETF by 127.0% during the third quarter. Strategies Wealth Advisors LLC now owns 2,529 shares of the exchange traded fund’s stock valued at $612,000 after purchasing an additional 1,415 shares during the last quarter. Finally, 49 Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 15.2% during the third quarter. 49 Wealth Management LLC now owns 1,834 shares of the exchange traded fund’s stock valued at $444,000 after purchasing an additional 242 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 1.7%

Shares of NYSEARCA:IWM opened at $261.41 on Monday. The firm has a fifty day simple moving average of $260.18 and a two-hundred day simple moving average of $248.40. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60. The stock has a market capitalization of $74.46 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.