MV Capital Management Inc. Sells 8,233 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

MV Capital Management Inc. cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 32.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,503 shares of the exchange traded fund’s stock after selling 8,233 shares during the period. MV Capital Management Inc.’s holdings in iShares Russell 2000 ETF were worth $3,867,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $25,000. Field & Main Bank bought a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $27,000. Atala Financial Inc purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth $27,000. Insight Inv LLC purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth $30,000. Finally, Financial Management Professionals Inc. bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

IWM opened at $200.45 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The stock has a market cap of $64.79 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The firm’s fifty day moving average is $216.50 and its 200 day moving average is $222.46.

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.