ProVise Management Group LLC Cuts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

ProVise Management Group LLC trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,397 shares of the exchange traded fund’s stock after selling 70 shares during the period. ProVise Management Group LLC’s holdings in iShares Russell 2000 ETF were worth $309,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $505,000. Ritholtz Wealth Management boosted its position in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after buying an additional 162 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after buying an additional 339 shares during the period. Legacy Trust boosted its position in iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after buying an additional 295 shares during the period. Finally, Aurelius Family Office LLC purchased a new stake in iShares Russell 2000 ETF during the fourth quarter valued at about $1,244,000.

iShares Russell 2000 ETF Stock Up 1.6 %

NYSEARCA IWM opened at $206.37 on Thursday. The firm has a market cap of $66.70 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. The company has a 50-day simple moving average of $218.77 and a two-hundred day simple moving average of $222.89. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98.

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.