Motiv8 Investments LLC Sells 869 Shares of iShares Russell 2000 ETF $IWM

Motiv8 Investments LLC cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 15.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,755 shares of the exchange traded fund’s stock after selling 869 shares during the quarter. Motiv8 Investments LLC’s holdings in iShares Russell 2000 ETF were worth $1,026,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at $28,000. Proathlete Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter worth $30,000. Financial Network Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF during the first quarter valued at about $29,000. Brooklyn Investment Group purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at about $30,000. Finally, 1 North Wealth Services LLC bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth about $34,000.

iShares Russell 2000 ETF Trading Up 0.7%

NYSEARCA:IWM opened at $245.83 on Monday. The stock has a 50-day moving average price of $233.01 and a 200 day moving average price of $215.01. The stock has a market capitalization of $70.91 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $248.09.

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.