Investors sold shares of iShares Russell 2000 Index (NYSEARCA:IWM) on strength during trading hours on Friday. $341.88 million flowed into the stock on the tick-up and $404.89 million flowed out of the stock on the tick-down, for a money net flow of $63.01 million out of the stock. Of all equities tracked, iShares Russell 2000 Index had the 8th highest net out-flow for the day. iShares Russell 2000 Index traded up $0.68 for the day and closed at $148.45

Several hedge funds have recently added to or reduced their stakes in IWM. Edge Wealth Management LLC boosted its stake in shares of iShares Russell 2000 Index by 1,138.2% during the 3rd quarter. Edge Wealth Management LLC now owns 681 shares of the exchange traded fund’s stock worth $101,000 after purchasing an additional 626 shares during the period. Capital Analysts LLC boosted its stake in shares of iShares Russell 2000 Index by 19.0% during the 2nd quarter. Capital Analysts LLC now owns 734 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 117 shares during the period. LeJeune Puetz Investment Counsel LLC purchased a new position in shares of iShares Russell 2000 Index during the 3rd quarter worth about $104,000. Grove Bank & Trust boosted its stake in shares of iShares Russell 2000 Index by 19.6% during the 2nd quarter. Grove Bank & Trust now owns 762 shares of the exchange traded fund’s stock worth $107,000 after purchasing an additional 125 shares during the period. Finally, Tiedemann Wealth Management LLC boosted its stake in shares of iShares Russell 2000 Index by 33.3% during the 3rd quarter. Tiedemann Wealth Management LLC now owns 14,757 shares of the exchange traded fund’s stock worth $115,000 after purchasing an additional 3,685 shares during the period.

TRADEMARK VIOLATION WARNING: This news story was first posted by Watch List News and is the property of of Watch List News. If you are viewing this news story on another site, it was copied illegally and reposted in violation of international copyright & trademark law. The correct version of this news story can be read at https://www.watchlistnews.com/traders-sell-ishares-russell-2000-index-iwm-on-strength-iwm/1710634.html.

About iShares Russell 2000 Index

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.

Receive News & Ratings for iShares Russell 2000 Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Index and related companies with Analyst Ratings Network's FREE daily email newsletter.