Commonwealth Equity Services LLC Has $119.28 Million Stake in iShares Russell 2000 ETF $IWM

Commonwealth Equity Services LLC trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 19.9% in the second quarter, Holdings Channel reports. The institutional investor owned 552,746 shares of the exchange traded fund’s stock after selling 137,607 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares Russell 2000 ETF were worth $119,277,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quaker Wealth Management LLC raised its stake in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF in the second quarter valued at about $28,000. Proathlete Wealth Management LLC acquired a new position in iShares Russell 2000 ETF in the second quarter valued at about $30,000. Financial Network Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at approximately $29,000. Finally, Brooklyn Investment Group acquired a new position in shares of iShares Russell 2000 ETF in the 1st quarter valued at approximately $30,000.

iShares Russell 2000 ETF Trading Up 1.4%

Shares of NYSEARCA:IWM opened at $244.68 on Thursday. The firm has a 50 day moving average of $242.49 and a 200-day moving average of $223.72. The stock has a market capitalization of $67.76 billion, a PE ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $252.77.

iShares Russell 2000 ETF 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.