Broadview Financial Management LLC Decreases Stock Position in iShares Russell 2000 ETF $IWM

Broadview Financial Management LLC lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,326 shares of the exchange traded fund’s stock after selling 70 shares during the period. iShares Russell 2000 ETF makes up approximately 0.6% of Broadview Financial Management LLC’s holdings, making the stock its 26th largest holding. Broadview Financial Management LLC’s holdings in iShares Russell 2000 ETF were worth $863,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Financial Network Wealth Advisors LLC purchased a new position in iShares Russell 2000 ETF during the 1st quarter valued at about $29,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 2000 ETF in the 1st quarter worth approximately $30,000. Navigoe LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $33,000. Family Management Corp lifted its position in iShares Russell 2000 ETF by 224.5% in the 4th quarter. Family Management Corp now owns 159 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 110 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in iShares Russell 2000 ETF by 18,000.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 181 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 180 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 0.2%

IWM stock opened at $225.97 on Friday. The stock has a market capitalization of $64.63 billion, a PE ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $244.98. The stock’s 50 day simple moving average is $220.19 and its 200 day simple moving average is $209.88.

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.