Allworth Financial LP Sells 2,802 Shares of iShares Russell 2000 ETF $IWM

Allworth Financial LP decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.7% in the 4th quarter, Holdings Channel reports. The firm owned 56,509 shares of the exchange traded fund’s stock after selling 2,802 shares during the period. Allworth Financial LP’s holdings in iShares Russell 2000 ETF were worth $13,910,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $26,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at $28,000. Abich Financial Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at $30,000. Columbia Asset Management purchased a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $32,000. Finally, FWL Investment Management LLC raised its position in iShares Russell 2000 ETF by 340.0% during the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.6%

Shares of IWM stock opened at $284.45 on Friday. The business has a 50-day moving average price of $262.54 and a two-hundred day moving average price of $256.82. iShares Russell 2000 ETF has a 12-month low of $199.65 and a 12-month high of $287.58. The firm has a market cap of $78.99 billion, a P/E ratio of 17.69 and a beta of 1.11.

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.