NCM Capital Management LLC Has $782,000 Stock Position in iShares Russell 2000 ETF $IWM

NCM Capital Management LLC lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,920 shares of the exchange traded fund’s stock after selling 240 shares during the quarter. NCM Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $782,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Itau Unibanco Holding S.A. bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter worth approximately $27,631,000. Nuveen Asset Management LLC increased its position 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 worth $2,426,000 after buying an additional 4,400 shares during the period. Legal & General Group Plc grew its holdings in shares of 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 worth $723,000 after purchasing an additional 550 shares in the last quarter. NSI Retail Advisors LLC grew its holdings in shares of iShares Russell 2000 ETF by 71.5% during the 4th quarter. NSI Retail Advisors LLC now owns 225,300 shares of the exchange traded fund’s stock worth $49,782,000 after purchasing an additional 93,900 shares in the last quarter. Finally, Pasadena Private Wealth LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth $339,000.

iShares Russell 2000 ETF Stock Up 3.9%

NYSEARCA:IWM opened at $234.83 on Monday. The stock’s 50-day simple moving average is $220.71 and its 200 day simple moving average is $209.67. The firm has a market capitalization of $67.16 billion, a PE ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a twelve month low of $171.73 and a twelve 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.