iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,006 shares of the exchange traded fund’s stock after selling 307 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.9% of Independence Bank of Kentucky’s investment portfolio, making the stock its 21st biggest position. Independence Bank of Kentucky’s holdings in iShares Russell 2000 ETF were worth $5,786,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWM. First National Corp MA ADV purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at approximately $985,000. Elk River Wealth Management LLC increased its stake in iShares Russell 2000 ETF by 20.8% during the 1st quarter. Elk River Wealth Management LLC now owns 2,064 shares of the exchange traded fund’s stock worth $412,000 after buying an additional 355 shares during the period. Sovereign Financial Group Inc. lifted its holdings in iShares Russell 2000 ETF by 20.2% during the 1st quarter. Sovereign Financial Group Inc. now owns 1,979 shares of the exchange traded fund’s stock worth $395,000 after buying an additional 332 shares in the last quarter. Unique Wealth LLC boosted its position in iShares Russell 2000 ETF by 20.3% in the 1st quarter. Unique Wealth LLC now owns 26,617 shares of the exchange traded fund’s stock valued at $5,310,000 after buying an additional 4,493 shares during the period. Finally, Magnus Financial Group LLC boosted its position in iShares Russell 2000 ETF by 4.8% in the 1st quarter. Magnus Financial Group LLC now owns 1,931 shares of the exchange traded fund’s stock valued at $385,000 after buying an additional 89 shares during the period.

iShares Russell 2000 ETF Stock Up 1.6%

NYSEARCA:IWM opened at $211.90 on Friday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $244.98. The company has a fifty day simple moving average of $196.90 and a two-hundred day simple moving average of $213.31. The company has a market cap of $63.54 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11.

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.