Richard P Slaughter Associates Inc Sells 4,153 Shares of iShares Russell 2000 ETF $IWM

Richard P Slaughter Associates Inc lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 18,407 shares of the exchange traded fund’s stock after selling 4,153 shares during the quarter. iShares Russell 2000 ETF accounts for 1.0% of Richard P Slaughter Associates Inc’s portfolio, making the stock its 22nd biggest position. Richard P Slaughter Associates Inc’s holdings in iShares Russell 2000 ETF were worth $4,454,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IWM. Quaker Wealth Management LLC grew its holdings in iShares Russell 2000 ETF by 211.1% during the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the period. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter worth $28,000. Brooklyn Investment Group bought a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at $30,000. Proathlete Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the second quarter worth about $30,000. Finally, Pingora Partners LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $32,000.

iShares Russell 2000 ETF Stock Up 0.6%

Shares of NYSEARCA IWM opened at $248.71 on Friday. The stock’s 50-day simple moving average is $245.24 and its two-hundred day simple moving average is $233.05. The firm has a market capitalization of $68.88 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $258.20.

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.