Welch & Forbes LLC Sells 57,931 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Welch & Forbes LLC decreased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 60.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,667 shares of the exchange traded fund’s stock after selling 57,931 shares during the quarter. Welch & Forbes LLC’s holdings in iShares Russell 2000 ETF were worth $7,560,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWM. BKM Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at $28,000. Tucker Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 326.8% in the third quarter. Tucker Asset Management LLC now owns 175 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 134 shares in the last quarter. Arjuna Capital acquired a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $34,000. Tradewinds Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at approximately $40,000. Finally, Eukles Asset Management grew its stake in iShares Russell 2000 ETF by 35.6% in the 4th quarter. Eukles Asset Management now owns 217 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 57 shares during the period.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM traded up $0.40 during trading hours on Tuesday, reaching $204.91. 20,096,913 shares of the company were exchanged, compared to its average volume of 37,184,969. The stock’s 50-day moving average is $202.48 and its 200-day moving average is $193.37. iShares Russell 2000 ETF has a twelve month low of $161.67 and a twelve month high of $211.88.

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.