Summit Wealth & Retirement Planning Inc. Decreases Stock Position in iShares Russell 2000 ETF $IWM

Summit Wealth & Retirement Planning Inc. trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,608 shares of the exchange traded fund’s stock after selling 3,007 shares during the period. iShares Russell 2000 ETF makes up 1.4% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 16th biggest position. Summit Wealth & Retirement Planning Inc.’s holdings in iShares Russell 2000 ETF were worth $5,094,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Goldman Sachs Group Inc. boosted its position in iShares Russell 2000 ETF by 1,186.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 51,271,785 shares of the exchange traded fund’s stock valued at $10,228,208,000 after buying an additional 47,286,837 shares during the last quarter. Empower Advisory Group LLC increased its position in shares of iShares Russell 2000 ETF by 3.4% during the first quarter. Empower Advisory Group LLC now owns 8,144,065 shares of the exchange traded fund’s stock worth $1,624,660,000 after acquiring an additional 265,987 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Russell 2000 ETF by 59.8% in the first quarter. JPMorgan Chase & Co. now owns 6,044,142 shares of the exchange traded fund’s stock worth $1,205,746,000 after acquiring an additional 2,262,696 shares in the last quarter. Northern Trust Corp lifted its stake in shares of iShares Russell 2000 ETF by 0.8% in the first quarter. Northern Trust Corp now owns 4,053,871 shares of the exchange traded fund’s stock worth $808,707,000 after acquiring an additional 31,261 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in iShares Russell 2000 ETF by 2.7% in the first quarter. US Bancorp DE now owns 3,969,039 shares of the exchange traded fund’s stock valued at $791,808,000 after purchasing an additional 104,693 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 0.5%

Shares of NYSEARCA IWM opened at $241.61 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $252.77. The business has a 50 day moving average price of $242.70 and a two-hundred day moving average price of $224.24. The firm has a market cap of $66.91 billion, a PE ratio of 17.69 and a beta of 1.13.

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.