Valmark Advisers Inc. Has $1.89 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Valmark Advisers Inc. cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,738 shares of the exchange traded fund’s stock after selling 1,990 shares during the period. Valmark Advisers Inc.’s holdings in iShares Russell 2000 ETF were worth $1,886,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth $28,000. Proathlete Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth $30,000. Financial Network Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth $29,000. Brooklyn Investment Group acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth $30,000. Finally, 1 North Wealth Services LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth $34,000.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $246.72 on Thursday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $248.48. The stock has a market capitalization of $71.17 billion, a P/E ratio of 17.69 and a beta of 1.15. The stock has a fifty day moving average of $234.40 and a 200-day moving average of $215.72.

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.