Leavell Investment Management Inc. Sells 2,039 Shares of iShares Russell 2000 ETF $IWM

Leavell Investment Management Inc. reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,200 shares of the exchange traded fund’s stock after selling 2,039 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Russell 2000 ETF were worth $2,468,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Quaker Wealth Management LLC lifted its holdings in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 228 shares during the period. Opal Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $28,000. Proathlete Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF in the 2nd quarter worth approximately $30,000. Pingora Partners LLC purchased a new position in shares of iShares Russell 2000 ETF in the 2nd quarter valued at approximately $32,000. Finally, Beacon Capital Management Inc. bought a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at approximately $35,000.

iShares Russell 2000 ETF Trading Up 0.1%

IWM opened at $265.76 on Friday. The company has a market cap of $77.77 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The stock has a fifty day simple moving average of $249.22 and a two-hundred day simple moving average of $239.54. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $267.22.

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.