Moneywise Inc. Sells 21,485 Shares of iShares Russell 2000 ETF $IWM

Moneywise Inc. decreased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 84.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,017 shares of the exchange traded fund’s stock after selling 21,485 shares during the period. iShares Russell 2000 ETF comprises about 1.1% of Moneywise Inc.’s holdings, making the stock its 26th largest position. Moneywise Inc.’s holdings in iShares Russell 2000 ETF were worth $1,116,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of IWM. Legacy Wealth Management LLC MS boosted its holdings in iShares Russell 2000 ETF by 16.5% during the 3rd quarter. Legacy Wealth Management LLC MS now owns 906 shares of the exchange traded fund’s stock worth $252,000 after acquiring an additional 128 shares during the last quarter. Tucker Asset Management LLC raised its holdings in shares of iShares Russell 2000 ETF by 13.2% in the third quarter. Tucker Asset Management LLC now owns 2,578 shares of the exchange traded fund’s stock valued at $717,000 after purchasing an additional 300 shares during the last quarter. Gerber Kawasaki Wealth & Investment Management raised its holdings in shares of iShares Russell 2000 ETF by 1.4% in the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 10,143 shares of the exchange traded fund’s stock valued at $2,819,000 after purchasing an additional 141 shares during the last quarter. Next Level Wealth Planning LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at about $44,000. Finally, Blue Bell Private Wealth Management LLC lifted its position in shares of iShares Russell 2000 ETF by 2.3% during the third quarter. Blue Bell Private Wealth Management LLC now owns 51,179 shares of the exchange traded fund’s stock valued at $14,222,000 after purchasing an additional 1,139 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

IWM opened at $279.79 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two week high of $305.18. The firm has a market capitalization of $75.59 billion, a P/E ratio of 17.69 and a beta of 1.14. The company’s 50-day moving average is $283.49 and its 200 day moving average is $278.73.

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.