Connors Investor Services Inc. Lowers Stock Holdings in iShares Russell 2000 ETF $IWM

Connors Investor Services Inc. lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 75,772 shares of the exchange traded fund’s stock after selling 10,085 shares during the quarter. iShares Russell 2000 ETF comprises about 1.4% of Connors Investor Services Inc.’s holdings, making the stock its 24th largest position. Connors Investor Services Inc.’s holdings in iShares Russell 2000 ETF were worth $16,351,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWM. Principle Wealth Partners LLC lifted its position in iShares Russell 2000 ETF by 5.9% in the second quarter. Principle Wealth Partners LLC now owns 2,466 shares of the exchange traded fund’s stock valued at $532,000 after purchasing an additional 137 shares during the period. Freedom Investment Management Inc. lifted its position in shares of iShares Russell 2000 ETF by 29.6% during the 2nd quarter. Freedom Investment Management Inc. now owns 4,179 shares of the exchange traded fund’s stock valued at $902,000 after acquiring an additional 955 shares during the period. Rehmann Capital Advisory Group raised its position in shares of iShares Russell 2000 ETF by 24.0% during the 2nd quarter. Rehmann Capital Advisory Group now owns 18,845 shares of the exchange traded fund’s stock worth $4,067,000 after purchasing an additional 3,642 shares during the last quarter. TFB Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 3.1% during the 2nd quarter. TFB Advisors LLC now owns 14,223 shares of the exchange traded fund’s stock worth $3,069,000 after purchasing an additional 423 shares during the last quarter. Finally, Members Trust Co acquired a new position in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $284,000.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $243.34 on Thursday. The stock has a market capitalization of $68.35 billion, a P/E ratio of 17.69 and a beta of 1.15. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77. The company has a 50 day moving average price of $239.17 and a two-hundred day moving average price of $218.85.

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.