Westmount Partners LLC Has $1.95 Million Stock Holdings in iShares Russell 2000 ETF $IWM

Westmount Partners LLC trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,932 shares of the exchange traded fund’s stock after selling 2,552 shares during the period. Westmount Partners LLC’s holdings in iShares Russell 2000 ETF were worth $1,953,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $26,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $28,000. Abich Financial Wealth Management LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $30,000. Pingora Partners LLC acquired a new position in iShares Russell 2000 ETF during the second quarter worth $32,000. Finally, FWL Investment Management LLC raised its holdings in iShares Russell 2000 ETF by 340.0% during the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 102 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 3.5%

iShares Russell 2000 ETF stock opened at $248.00 on Wednesday. The firm has a market capitalization of $70.64 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The firm’s fifty day moving average price is $257.73 and its two-hundred day moving average price is $251.01. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year high of $271.60.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.