Meridian Wealth Partners LLC Sells 287 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Meridian Wealth Partners LLC reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,996 shares of the exchange traded fund’s stock after selling 287 shares during the quarter. iShares Russell 2000 ETF makes up about 1.4% of Meridian Wealth Partners LLC’s holdings, making the stock its 18th biggest holding. Meridian Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $9,279,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter worth about $25,000. Field & Main Bank purchased a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Atala Financial Inc bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $27,000. Insight Inv LLC purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $30,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $31,000.

iShares Russell 2000 ETF Stock Down 0.6 %

NYSEARCA:IWM opened at $203.79 on Friday. The firm’s fifty day simple moving average is $218.17 and its 200 day simple moving average is $222.72. The stock has a market cap of $65.86 billion, a P/E ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98.

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.