iShares Russell 2000 ETF $IWM Stock: Parkside Investments LLC Trims Holdings

Parkside Investments LLC trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 236,183 shares of the exchange traded fund’s stock after selling 13,186 shares during the quarter. iShares Russell 2000 ETF comprises about 7.6% of Parkside Investments LLC’s portfolio, making the stock its 4th biggest holding. Parkside Investments LLC’s holdings in iShares Russell 2000 ETF were worth $65,633,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IWM. AIA Group Ltd raised its stake in iShares Russell 2000 ETF by 181.5% during the 1st quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock valued at $462,301,000 after acquiring an additional 1,201,808 shares in the last quarter. Wolfstich Capital LLC boosted its position in iShares Russell 2000 ETF by 44,992.3% during the 3rd quarter. Wolfstich Capital LLC now owns 542,460 shares of the exchange traded fund’s stock worth $150,744,000 after acquiring an additional 541,257 shares during the period. USA Financial Formulas grew its stake in shares of iShares Russell 2000 ETF by 15,520.1% in the first quarter. USA Financial Formulas now owns 435,956 shares of the exchange traded fund’s stock worth $108,117,000 after purchasing an additional 433,165 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of iShares Russell 2000 ETF by 61.6% in the first quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock worth $237,353,000 after purchasing an additional 364,779 shares in the last quarter. Finally, Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth $66,960,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $275.78 on Wednesday. The firm has a market capitalization of $79.12 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $228.90 and a one year high of $305.18. The stock’s fifty day moving average is $287.88 and its 200-day moving average is $286.72.

iShares Russell 2000 ETF Company 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.