iShares Russell 2000 ETF $IWM Stake Lessened by Tandem Financial LLC

Tandem Financial LLC lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 67.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,608 shares of the exchange traded fund’s stock after selling 9,534 shares during the period. iShares Russell 2000 ETF comprises about 1.1% of Tandem Financial LLC’s investment portfolio, making the stock its 19th largest position. Tandem Financial LLC’s holdings in iShares Russell 2000 ETF were worth $1,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. LGL Partners LLC boosted its holdings in iShares Russell 2000 ETF by 0.3% in the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares during the period. Rinkey Investments boosted its holdings in iShares Russell 2000 ETF by 2.7% in the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 40 shares during the period. Moody Lynn & Lieberson LLC boosted its holdings in iShares Russell 2000 ETF by 0.8% in the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 41 shares during the period. Northern Financial Advisors Inc boosted its holdings in iShares Russell 2000 ETF by 4.1% in the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 45 shares during the period. Finally, Punch & Associates Investment Management Inc. boosted its holdings in iShares Russell 2000 ETF by 32.1% in the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 45 shares during the period.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $288.98 on Tuesday. The company has a market cap of $80.25 billion, a PE ratio of 17.69 and a beta of 1.11. The company has a fifty day moving average price of $270.45 and a two-hundred day moving average price of $260.15. iShares Russell 2000 ETF has a 12 month low of $202.67 and a 12 month high of $292.74.

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