iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Financial Engines Advisors L.L.C.

Financial Engines Advisors L.L.C. cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.6% in the 4th quarter, Holdings Channel reports. The fund owned 31,255 shares of the exchange traded fund’s stock after selling 3,712 shares during the period. Financial Engines Advisors L.L.C.’s holdings in iShares Russell 2000 ETF were worth $6,906,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of IWM. Amundi increased its holdings in iShares Russell 2000 ETF by 1,894.7% during the 4th quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock worth $420,000 after purchasing an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $505,000. Ritholtz Wealth Management increased its stake in shares of iShares Russell 2000 ETF by 7.7% in the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its holdings in iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after acquiring an additional 339 shares in the last quarter. Finally, Legacy Trust boosted its stake in iShares Russell 2000 ETF by 1.0% during the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after acquiring an additional 295 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $207.70 on Wednesday. The firm has a fifty day moving average of $217.77 and a two-hundred day moving average of $222.76. The firm has a market cap of $67.13 billion, a P/E ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98.

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.