Paces Ferry Wealth Advisors LLC reduced its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 12,572 shares of the exchange traded fund’s stock after selling 325 shares during the quarter. iShares Russell 2000 ETF comprises 2.4% of Paces Ferry Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Paces Ferry Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $2,778,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of IWM. Truvestments Capital LLC increased its stake in iShares Russell 2000 ETF by 378.6% in the 4th quarter. Truvestments Capital LLC now owns 134 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 106 shares during the last quarter. Ambassador Advisors LLC acquired a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $25,000. GPS Wealth Strategies Group LLC acquired a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $31,000. Capital Investment Counsel Inc acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth about $32,000. Finally, Filbrandt Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth about $33,000.
Shares of iShares Russell 2000 ETF stock traded up $2.17 during trading on Monday, hitting $221.72. 657,451 shares of the stock were exchanged, compared to its average volume of 28,888,793. The stock has a fifty day moving average of $225.20. iShares Russell 2000 ETF has a 1-year low of $142.09 and a 1-year high of $234.53.
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.
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