TSG Advice Partners LLC Trims Stock Holdings in iShares Russell 2000 ETF $IWM

TSG Advice Partners LLC lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 74.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,816 shares of the exchange traded fund’s stock after selling 114,866 shares during the period. iShares Russell 2000 ETF accounts for approximately 1.4% of TSG Advice Partners LLC’s portfolio, making the stock its 17th biggest holding. TSG Advice Partners LLC’s holdings in iShares Russell 2000 ETF were worth $9,626,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. DSG Capital Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at $1,354,000. Westwood Wealth Management acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth $820,000. Gryphon Financial Partners LLC raised its position in shares of iShares Russell 2000 ETF by 62.7% in the 4th quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock worth $2,998,000 after buying an additional 4,696 shares during the period. Apollon Wealth Management LLC raised its position in shares of iShares Russell 2000 ETF by 26.4% in the 4th quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock worth $3,662,000 after buying an additional 3,107 shares during the period. Finally, Ayalon Insurance Comp Ltd. boosted its holdings in iShares Russell 2000 ETF by 18.9% in the fourth quarter. Ayalon Insurance Comp Ltd. now owns 13,230 shares of the exchange traded fund’s stock valued at $3,257,000 after acquiring an additional 2,100 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 0.4%

IWM stock opened at $299.32 on Thursday. The stock has a 50-day moving average price of $286.59 and a two-hundred day moving average price of $267.72. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72. The company has a market cap of $81.85 billion, a PE ratio of 17.69 and a beta of 1.10.

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.