McElhenny Sheffield Capital Management LLC Has $450,000 Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

McElhenny Sheffield Capital Management LLC lifted its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,254 shares of the exchange traded fund’s stock after buying an additional 356 shares during the quarter. McElhenny Sheffield Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $450,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of iShares Russell 2000 ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after acquiring an additional 2,221 shares during the period. Revolve Wealth Partners LLC raised its stake in iShares Russell 2000 ETF by 13.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares in the last quarter. Sapient Capital LLC lifted its position in iShares Russell 2000 ETF by 16.7% during the fourth quarter. Sapient Capital LLC now owns 1,759 shares of the exchange traded fund’s stock worth $389,000 after purchasing an additional 252 shares during the period. Focus Financial Network Inc. grew its stake in iShares Russell 2000 ETF by 1.0% during the fourth quarter. Focus Financial Network Inc. now owns 7,364 shares of the exchange traded fund’s stock worth $1,627,000 after buying an additional 72 shares in the last quarter. Finally, Stonebridge Financial Group LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $353,000.

iShares Russell 2000 ETF Trading Down 0.4%

Shares of NYSEARCA:IWM opened at $213.63 on Thursday. The firm has a 50 day moving average of $198.26 and a 200-day moving average of $212.88. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98. The stock has a market capitalization of $64.06 billion, a PE ratio of 16.63 and a beta of 1.11.

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.