Prudent Man Advisors LLC Trims Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Prudent Man Advisors LLC reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,823 shares of the exchange traded fund’s stock after selling 3,634 shares during the quarter. iShares Russell 2000 ETF accounts for about 1.4% of Prudent Man Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Prudent Man Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $3,938,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IWM. Legacy Investment Solutions LLC bought a new position in iShares Russell 2000 ETF during the third quarter worth $25,000. Field & Main Bank bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $30,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at about $31,000. Finally, Financial Management Professionals Inc. bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Trading Up 1.1 %

Shares of iShares Russell 2000 ETF stock opened at $214.65 on Friday. The company’s 50-day moving average price is $223.56 and its two-hundred day moving average price is $223.83. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The stock has a market cap of $68.75 billion, a PE ratio of 16.97 and a beta of 1.17.

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.