iShares Russell 2000 ETF $IWM Position Trimmed by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 267,097 shares of the exchange traded fund’s stock after selling 2,903 shares during the period. iShares Russell 2000 ETF accounts for approximately 1.0% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 29th biggest position. Ferguson Wellman Capital Management Inc.’s holdings in iShares Russell 2000 ETF were worth $80,249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Roffman Miller Associates Inc. PA lifted its position in shares of iShares Russell 2000 ETF by 3.8% during the 2nd quarter. Roffman Miller Associates Inc. PA now owns 1,219 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 45 shares during the last quarter. Security Benefit Life Insurance Co. KS acquired a new stake in shares of iShares Russell 2000 ETF during the second quarter worth $601,000. Hsbc Holdings PLC lifted its holdings in shares of iShares Russell 2000 ETF by 29.4% during the second quarter. Hsbc Holdings PLC now owns 377,742 shares of the exchange traded fund’s stock valued at $113,443,000 after purchasing an additional 85,777 shares during the last quarter. Tandem Capital Management Corp ADV purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at $237,000. Finally, Kingsview Wealth Management LLC boosted its position in shares of iShares Russell 2000 ETF by 5.1% in the 2nd quarter. Kingsview Wealth Management LLC now owns 28,997 shares of the exchange traded fund’s stock valued at $8,712,000 after purchasing an additional 1,403 shares during the period.

iShares Russell 2000 ETF Trading Down 1.4%

NYSEARCA IWM opened at $295.75 on Friday. The stock’s 50-day moving average price is $297.35 and its two-hundred day moving average price is $279.30. The company has a market cap of $81.41 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18.

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.