Fortis Group Advisors LLC Lowers Stock Holdings in iShares Russell 2000 ETF $IWM

Fortis Group Advisors LLC decreased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 45.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,468 shares of the exchange traded fund’s stock after selling 14,311 shares during the period. iShares Russell 2000 ETF makes up approximately 0.8% of Fortis Group Advisors LLC’s holdings, making the stock its 27th largest holding. Fortis Group Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $4,535,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Rinkey Investments raised its position in iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock valued at $376,000 after purchasing an additional 40 shares in the last quarter. Moody Lynn & Lieberson LLC raised its position in iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock valued at $1,256,000 after purchasing an additional 41 shares in the last quarter. Northern Financial Advisors Inc raised its position in iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 45 shares in the last quarter. Punch & Associates Investment Management Inc. raised its position in iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 45 shares in the last quarter. Finally, Ameriflex Group Inc. raised its position in iShares Russell 2000 ETF by 8.1% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock valued at $155,000 after purchasing an additional 48 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 2.5%

NYSEARCA IWM opened at $279.87 on Thursday. The stock’s 50-day simple moving average is $264.20 and its two-hundred day simple moving average is $257.64. iShares Russell 2000 ETF has a twelve month low of $199.65 and a twelve month high of $287.58. The company has a market capitalization of $77.72 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.