49 Wealth Management LLC trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 93.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,763 shares of the exchange traded fund’s stock after selling 26,977 shares during the period. 49 Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $389,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC acquired a new position in iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. PSI Advisors LLC raised its stake in iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 63 shares in the last quarter. Centerpoint Advisors LLC lifted its position in iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 125 shares during the last quarter. Cordant Inc. acquired a new position in iShares Russell 2000 ETF in the second quarter valued at $30,000. Finally, 1832 Asset Management L.P. purchased a new position in shares of iShares Russell 2000 ETF during the first quarter worth about $33,000.
iShares Russell 2000 ETF Trading Up 1.5 %
IWM opened at $234.44 on Friday. iShares Russell 2000 ETF has a one year low of $177.20 and a one year high of $242.39. The business’s 50-day simple moving average is $223.69 and its 200-day simple moving average is $213.96.
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.
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