SeaBridge Investment Advisors LLC Sells 238 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

SeaBridge Investment Advisors LLC lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 2,340 shares of the exchange traded fund’s stock after selling 238 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $467,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of IWM. Amundi increased its stake in iShares Russell 2000 ETF by 1,894.7% during the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 1,800 shares in the last quarter. Itau Unibanco Holding S.A. bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $27,631,000. Nuveen Asset Management LLC increased its stake in iShares Russell 2000 ETF by 66.9% during the 4th quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after purchasing an additional 4,400 shares in the last quarter. Corebridge Financial Inc. increased its stake in iShares Russell 2000 ETF by 16.4% during the 4th quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in iShares Russell 2000 ETF by 20.2% during the 4th quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 550 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 2.0%

Shares of IWM stock opened at $218.82 on Wednesday. The firm has a market capitalization of $65.76 billion, a PE ratio of 17.69 and a beta of 1.15. The firm has a fifty day simple moving average of $211.46 and a two-hundred day simple moving average of $209.93. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $244.98.

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.