NewEdge Advisors LLC Sells 7,122 Shares of iShares Russell 2000 ETF $IWM

NewEdge Advisors LLC lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,307 shares of the exchange traded fund’s stock after selling 7,122 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $26,116,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of IWM. NWK Group Inc. increased its holdings in shares of iShares Russell 2000 ETF by 1.1% during the 1st quarter. NWK Group Inc. now owns 3,279 shares of the exchange traded fund’s stock valued at $813,000 after acquiring an additional 36 shares during the last quarter. LGL Partners LLC lifted its holdings in iShares Russell 2000 ETF by 0.3% in the 4th quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares during the last quarter. Measured Risk Portfolios Inc. lifted its holdings in iShares Russell 2000 ETF by 1.7% in the 1st quarter. Measured Risk Portfolios Inc. now owns 2,304 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 38 shares during the last quarter. Vision Retirement LLC boosted its position in iShares Russell 2000 ETF by 3.9% during the first quarter. Vision Retirement LLC now owns 1,032 shares of the exchange traded fund’s stock worth $256,000 after purchasing an additional 39 shares during the period. Finally, Rinkey Investments grew its holdings in iShares Russell 2000 ETF by 2.7% during the fourth quarter. Rinkey Investments now owns 1,526 shares of the exchange traded fund’s stock valued at $376,000 after purchasing an additional 40 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 1.1%

NYSEARCA:IWM opened at $301.56 on Friday. The company’s 50 day moving average is $294.09 and its 200-day moving average is $275.41. iShares Russell 2000 ETF has a 12 month low of $219.74 and a 12 month high of $303.06. The firm has a market cap of $83.00 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.