iShares Russell 2000 ETF $IWM Stake Lessened by SVB Wealth LLC

SVB Wealth LLC trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 22.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,942 shares of the exchange traded fund’s stock after selling 4,310 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $4,152,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IWM. Rogco LP acquired a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at $25,000. Montgomery Financial Services LLC purchased a new position in iShares Russell 2000 ETF in the second quarter valued at about $30,000. Quest 10 Wealth Builders Inc. raised its position in iShares Russell 2000 ETF by 42.9% in the third quarter. Quest 10 Wealth Builders Inc. now owns 130 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 39 shares during the period. Scarborough Advisors LLC purchased a new position in iShares Russell 2000 ETF in the first quarter valued at about $37,000. Finally, Signature Resources Capital Management LLC raised its position in iShares Russell 2000 ETF by 362.1% in the third quarter. Signature Resources Capital Management LLC now owns 134 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 105 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $278.44 on Friday. iShares Russell 2000 ETF has a 1 year low of $228.90 and a 1 year high of $305.18. The firm has a market cap of $77.20 billion, a P/E ratio of 16.06 and a beta of 1.14. The stock has a 50-day simple moving average of $281.12 and a 200-day simple moving average of $279.19.

About iShares Russell 2000 ETF

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.