Strategic Financial Services Inc. Sells 228 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Strategic Financial Services Inc. cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,420 shares of the exchange traded fund’s stock after selling 228 shares during the period. Strategic Financial Services Inc.’s holdings in iShares Russell 2000 ETF were worth $535,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWM. Legacy Investment Solutions LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Field & Main Bank bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Atala Financial Inc acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $27,000. Insight Inv LLC acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth $30,000. Finally, RPg Family Wealth Advisory LLC bought a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $31,000.

iShares Russell 2000 ETF Trading Up 1.6 %

IWM stock opened at $206.37 on Thursday. The stock has a 50-day moving average price of $218.77 and a two-hundred day moving average price of $222.89. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The stock has a market cap of $66.70 billion, a PE ratio of 16.20 and a beta of 1.19.

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.