IFP Advisors Inc Sells 60,874 Shares of iShares Russell 2000 ETF $IWM

IFP Advisors Inc lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 70.8% in the second quarter, HoldingsChannel.com reports. The firm owned 25,119 shares of the exchange traded fund’s stock after selling 60,874 shares during the quarter. IFP Advisors Inc’s holdings in iShares Russell 2000 ETF were worth $7,547,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Horizon Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the 1st quarter valued at approximately $22,859,000. Bryn Mawr Trust Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 37.8% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 9,676 shares of the exchange traded fund’s stock worth $2,400,000 after buying an additional 2,654 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 14.9% during the fourth quarter. HighTower Advisors LLC now owns 590,250 shares of the exchange traded fund’s stock worth $145,296,000 after buying an additional 76,358 shares during the last quarter. World Investment Advisors increased its holdings in shares of iShares Russell 2000 ETF by 38.8% during the fourth quarter. World Investment Advisors now owns 32,933 shares of the exchange traded fund’s stock worth $8,107,000 after buying an additional 9,214 shares in the last quarter. Finally, Prospera Financial Services Inc increased its holdings in shares of iShares Russell 2000 ETF by 12.8% during the fourth quarter. Prospera Financial Services Inc now owns 57,696 shares of the exchange traded fund’s stock worth $14,216,000 after buying an additional 6,567 shares in the last quarter.

iShares Russell 2000 ETF Trading Down 1.4%

iShares Russell 2000 ETF stock opened at $290.64 on Thursday. The stock has a 50-day moving average price of $296.62 and a two-hundred day moving average price of $281.10. iShares Russell 2000 ETF has a 12 month low of $228.90 and a 12 month high of $305.18. The company has a market capitalization of $80.00 billion, a PE ratio of 17.69 and a beta of 1.11.

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.