Fluent Financial LLC Cuts Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Fluent Financial LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 45.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,221 shares of the exchange traded fund’s stock after selling 14,893 shares during the quarter. iShares Russell 2000 ETF accounts for 1.9% of Fluent Financial LLC’s investment portfolio, making the stock its 17th largest position. Fluent Financial LLC’s holdings in iShares Russell 2000 ETF were worth $3,019,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Morgan Stanley boosted its holdings in iShares Russell 2000 ETF by 42.7% in the second quarter. Morgan Stanley now owns 9,374,708 shares of the exchange traded fund’s stock valued at $1,457,767,000 after purchasing an additional 2,806,328 shares during the period. Jones Financial Companies Lllp increased its stake in iShares Russell 2000 ETF by 2.4% in the third quarter. Jones Financial Companies Lllp now owns 6,340,516 shares of the exchange traded fund’s stock valued at $958,457,000 after purchasing an additional 150,937 shares during the last quarter. Catalyst Capital Advisors LLC increased its stake in iShares Russell 2000 ETF by 9.4% in the third quarter. Catalyst Capital Advisors LLC now owns 2,841,519 shares of the exchange traded fund’s stock valued at $430,035,000 after purchasing an additional 245,025 shares during the last quarter. Varma Mutual Pension Insurance Co raised its holdings in iShares Russell 2000 ETF by 60.6% during the third quarter. Varma Mutual Pension Insurance Co now owns 1,622,873 shares of the exchange traded fund’s stock worth $245,605,000 after purchasing an additional 612,421 shares in the last quarter. Finally, Nuveen Asset Management LLC raised its holdings in iShares Russell 2000 ETF by 1,437.0% during the second quarter. Nuveen Asset Management LLC now owns 1,161,716 shares of the exchange traded fund’s stock worth $180,647,000 after purchasing an additional 1,086,135 shares in the last quarter.

Shares of NYSEARCA:IWM traded down $0.07 during trading on Friday, hitting $169.46. 444,817 shares of the company were exchanged, compared to its average volume of 16,254,183. The firm’s 50 day moving average price is $164.46 and its 200-day moving average price is $156.31. iShares Russell 2000 ETF has a 12-month low of $143.46 and a 12-month high of $169.87.

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.5973 dividend. This represents a $2.39 dividend on an annualized basis and a dividend yield of 1.41%. This is an increase from iShares Russell 2000 ETF’s previous quarterly dividend of $0.53. The ex-dividend date was Monday, December 16th.

iShares Russell 2000 ETF 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.

Further Reading: What is a back-end load?

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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