Commerce Bank Trims Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Commerce Bank reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 486,945 shares of the exchange traded fund’s stock after selling 5,765 shares during the quarter. Commerce Bank’s holdings in iShares Russell 2000 ETF were worth $107,561,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IWM. Northwest Investment Counselors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at about $26,000. PSI Advisors LLC boosted its holdings in iShares Russell 2000 ETF by 116.7% in the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 63 shares during the last quarter. Centerpoint Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 625.0% in the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 125 shares during the period. Cordant Inc. acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth approximately $30,000. Finally, 1832 Asset Management L.P. purchased a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at approximately $33,000.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $230.65 on Wednesday. iShares Russell 2000 ETF has a 52-week low of $176.91 and a 52-week high of $242.39. The business has a fifty day moving average of $222.79 and a two-hundred day moving average of $213.70.

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.