iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,520 shares of the exchange traded fund’s stock after selling 113 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares Russell 2000 ETF were worth $1,101,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Atala Financial Inc purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth $27,000. Conquis Financial LLC acquired a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $30,000. Navigoe LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth about $33,000. Family Management Corp grew its holdings in iShares Russell 2000 ETF by 224.5% during the fourth quarter. Family Management Corp now owns 159 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 110 shares during the period. Finally, one8zero8 LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $36,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $214.47 on Wednesday. The stock’s 50 day simple moving average is $203.21 and its 200-day simple moving average is $210.81. The company has a market cap of $63.38 billion, a PE ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $244.98.

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.