Adell Harriman & Carpenter Inc. Sells 503 Shares of iShares Russell 2000 ETF $IWM

Adell Harriman & Carpenter Inc. reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,587 shares of the exchange traded fund’s stock after selling 503 shares during the quarter. Adell Harriman & Carpenter Inc.’s holdings in iShares Russell 2000 ETF were worth $558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWM. Brighton Jones LLC lifted its holdings in shares of iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after purchasing an additional 2,221 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of iShares Russell 2000 ETF by 13.2% during the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 2.7% during the first quarter. Golden State Wealth Management LLC now owns 2,289 shares of the exchange traded fund’s stock valued at $457,000 after purchasing an additional 60 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of iShares Russell 2000 ETF by 3.4% during the first quarter. Koshinski Asset Management Inc. now owns 4,205 shares of the exchange traded fund’s stock valued at $839,000 after purchasing an additional 140 shares in the last quarter. Finally, Smith Salley Wealth Management bought a new position in shares of iShares Russell 2000 ETF during the first quarter valued at $202,000.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $246.84 on Thursday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $252.77. The business’s 50-day moving average is $241.31 and its two-hundred day moving average is $221.68. The company has a market cap of $69.70 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.