Granite Bay Wealth Management LLC lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 38.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,714 shares of the exchange traded fund’s stock after selling 2,286 shares during the quarter. Granite Bay Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $801,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Financial Network Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF during the 1st quarter valued at $29,000. Brooklyn Investment Group purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $30,000. 1 North Wealth Services LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $34,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of iShares Russell 2000 ETF by 18,000.0% during 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 purchasing an additional 180 shares during the period. Finally, Allianz SE purchased a new stake in iShares Russell 2000 ETF during the 1st quarter worth about $38,000.
iShares Russell 2000 ETF Stock Down 1.0%
Shares of NYSEARCA IWM opened at $238.34 on Monday. The company has a market cap of $68.17 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $244.98. The business has a 50-day simple moving average of $227.19 and a two-hundred day simple moving average of $211.11.
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.
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