iShares Russell 2000 ETF $IWM Shares Sold by Ping Capital Management Inc.

Ping Capital Management Inc. reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 7,500 shares of the exchange traded fund’s stock after selling 1,100 shares during the period. iShares Russell 2000 ETF makes up approximately 0.4% of Ping Capital Management Inc.’s portfolio, making the stock its 22nd biggest holding. Ping Capital Management Inc.’s holdings in iShares Russell 2000 ETF were worth $1,618,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of IWM. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $28,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $29,000. Brooklyn Investment Group acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $30,000. Proathlete Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter valued at about $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at about $34,000.

iShares Russell 2000 ETF Stock Up 0.6%

NYSEARCA:IWM opened at $244.02 on Friday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $247.18. The stock has a market capitalization of $69.79 billion, a PE ratio of 17.69 and a beta of 1.15. The stock’s 50-day moving average price is $232.58 and its 200-day moving average price is $214.59.

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.