First Merchants Corp Has $3.14 Million Stake in iShares Russell 2000 ETF $IWM

First Merchants Corp trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWMFree Report) by 14.0% in the second quarter, HoldingsChannel reports. The firm owned 14,530 shares of the exchange traded fund’s stock after selling 2,363 shares during the period. First Merchants Corp’s holdings in iShares Russell 2000 ETF were worth $3,135,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Opal Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at $28,000. Financial Network Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 1st quarter valued at $29,000. Brooklyn Investment Group acquired a new stake in iShares Russell 2000 ETF during the 1st quarter valued at $30,000. Proathlete Wealth Management LLC acquired a new stake in iShares Russell 2000 ETF during the 2nd quarter valued at $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in iShares Russell 2000 ETF during the 1st quarter valued at $34,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $246.72 on Thursday. The firm has a market capitalization of $71.17 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The business’s fifty day moving average price is $234.40 and its two-hundred day moving average price is $215.72. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $248.48.

About iShares Russell 2000 ETF

(Free Report)

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.

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Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWMFree Report).

Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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