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

XML Financial LLC reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,928 shares of the exchange traded fund’s stock after selling 2,212 shares during the quarter. XML Financial LLC’s holdings in iShares Russell 2000 ETF were worth $7,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Brown Lisle Cummings Inc. grew its holdings in iShares Russell 2000 ETF by 7.7% during the 1st quarter. Brown Lisle Cummings Inc. now owns 4,770 shares of the exchange traded fund’s stock valued at $952,000 after buying an additional 340 shares in the last quarter. Pursue Wealth Partners LLC grew its holdings in shares of iShares Russell 2000 ETF by 2.3% in the first quarter. Pursue Wealth Partners LLC now owns 23,279 shares of the exchange traded fund’s stock valued at $4,644,000 after purchasing an additional 520 shares in the last quarter. 1858 Wealth Management LLC grew its holdings in shares of iShares Russell 2000 ETF by 2.2% in the first quarter. 1858 Wealth Management LLC now owns 5,550 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 119 shares in the last quarter. Tassel Capital Management Inc. purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $211,000. Finally, Genesee Capital Advisors LLC grew its holdings in shares of iShares Russell 2000 ETF by 5.8% in the first quarter. Genesee Capital Advisors LLC now owns 11,357 shares of the exchange traded fund’s stock valued at $2,266,000 after purchasing an additional 620 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $209.21 on Monday. The firm has a fifty day moving average price of $202.15 and a 200 day moving average price of $210.98. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The firm has a market cap of $62.73 billion, a PE ratio of 16.63 and a beta of 1.11.

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.