Cranbrook Wealth Management LLC Sells 500 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Cranbrook Wealth Management LLC lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,201 shares of the exchange traded fund’s stock after selling 500 shares during the period. Cranbrook Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $3,032,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IWM. Proficio Capital Partners LLC bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $4,672,147,000. JPMorgan Chase & Co. boosted its stake in iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in iShares Russell 2000 ETF by 45,890.5% in the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after purchasing an additional 1,391,860 shares in the last quarter. GAMMA Investing LLC boosted its stake in iShares Russell 2000 ETF by 25,821.0% in the 1st quarter. GAMMA Investing LLC now owns 998,735 shares of the exchange traded fund’s stock worth $199,238,000 after purchasing an additional 994,882 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its stake in iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of iShares Russell 2000 ETF stock opened at $211.90 on Friday. The stock has a market cap of $63.54 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11. The firm’s 50-day moving average is $196.90 and its 200 day moving average is $213.31. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98.

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.