iShares Russell 2000 ETF $IWM Stock: Brighton Jones LLC Cuts Position

Brighton Jones LLC lessened its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 84,418 shares of the exchange traded fund’s stock after selling 1,865 shares during the quarter. Brighton Jones LLC’s holdings in iShares Russell 2000 ETF were worth $23,459,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWM. Rogco LP purchased a new position in iShares Russell 2000 ETF during the 2nd quarter valued at about $25,000. Montgomery Financial Services LLC purchased a new stake in iShares Russell 2000 ETF during the second quarter worth about $30,000. Quest 10 Wealth Builders Inc. increased its stake in iShares Russell 2000 ETF by 42.9% during the third quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 39 shares during the period. Signature Resources Capital Management LLC lifted its position in shares of iShares Russell 2000 ETF by 362.1% during the third quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 105 shares in the last quarter. Finally, Timbuktu Capital Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the second quarter worth about $43,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $273.67 on Friday. The company’s 50-day simple moving average is $282.11 and its 200-day simple moving average is $278.90. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The stock has a market capitalization of $74.64 billion, a PE ratio of 17.69 and a beta of 1.14.

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