Kestra Advisory Services LLC Sells 7,413 Shares of iShares Russell 2000 ETF $IWM

Kestra Advisory Services LLC reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,815 shares of the exchange traded fund’s stock after selling 7,413 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Russell 2000 ETF were worth $55,754,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of IWM. LGL Partners LLC increased its position in shares of iShares Russell 2000 ETF by 0.3% during the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock valued at $2,933,000 after buying an additional 38 shares during the period. Rinkey Investments raised its stake 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 buying an additional 40 shares in the last quarter. North Capital Inc. lifted its holdings in iShares Russell 2000 ETF by 2.4% in the fourth quarter. North Capital Inc. now owns 1,687 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 40 shares during the period. Moody Lynn & Lieberson LLC lifted 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 buying an additional 41 shares during the period. Finally, Sara Bay Financial boosted its position in iShares Russell 2000 ETF by 4.4% during the 1st quarter. Sara Bay Financial now owns 1,055 shares of the exchange traded fund’s stock valued at $262,000 after acquiring an additional 44 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

iShares Russell 2000 ETF stock opened at $297.24 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $212.34 and a fifty-two week high of $302.72. The stock’s 50 day simple moving average is $289.13 and its two-hundred day simple moving average is $269.68. The stock has a market cap of $81.62 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10.

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.