SVB Wealth LLC Sells 2,742 Shares of iShares Russell 2000 ETF $IWM

SVB Wealth LLC trimmed its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.9% in the third quarter, HoldingsChannel.com reports. The fund owned 36,918 shares of the exchange traded fund’s stock after selling 2,742 shares during the quarter. SVB Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $8,933,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Empower Advisory Group LLC raised its stake in iShares Russell 2000 ETF by 5.8% during the second quarter. Empower Advisory Group LLC now owns 8,616,866 shares of the exchange traded fund’s stock worth $1,859,433,000 after acquiring an additional 472,801 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell 2000 ETF by 35.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 8,178,921 shares of the exchange traded fund’s stock valued at $1,764,930,000 after purchasing an additional 2,134,779 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 10.6% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock valued at $1,456,114,000 after purchasing an additional 648,801 shares during the last quarter. Holocene Advisors LP acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth approximately $1,230,003,000. Finally, Laurel Wealth Advisors LLC lifted its stake in iShares Russell 2000 ETF by 22,037.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,865,477 shares of the exchange traded fund’s stock valued at $618,341,000 after purchasing an additional 2,852,533 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 0.7%

NYSEARCA IWM opened at $266.88 on Tuesday. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve month high of $271.60. The business’s fifty day moving average is $256.71 and its 200 day moving average is $244.30. The company has a market cap of $76.02 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.