iShares Russell 2000 ETF (NYSEARCA:IWM) Position Reduced by Paragon Capital Management LLC

Paragon Capital Management LLC decreased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,095 shares of the exchange traded fund’s stock after selling 56 shares during the period. iShares Russell 2000 ETF accounts for about 1.1% of Paragon Capital Management LLC’s investment portfolio, making the stock its 19th largest holding. Paragon Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,010,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Proficio Capital Partners LLC bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $4,672,147,000. JPMorgan Chase & Co. grew its position in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares in the last quarter. Wealthfront Advisers LLC grew its position in iShares Russell 2000 ETF by 45,890.5% during the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock worth $308,216,000 after purchasing an additional 1,391,860 shares in the last quarter. Strategic Financial Concepts LLC grew its position in iShares Russell 2000 ETF by 21,916.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after purchasing an additional 734,412 shares in the last quarter. Finally, Redwood Investment Management LLC purchased a new position in iShares Russell 2000 ETF during the 3rd quarter worth approximately $142,774,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA IWM opened at $205.06 on Friday. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The stock has a market cap of $66.28 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The firm’s 50 day moving average price is $218.43 and its two-hundred day moving average price is $222.76.

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.