Smith & Howard Wealth Management LLC Reduces Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Smith & Howard Wealth Management LLC lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,737 shares of the exchange traded fund’s stock after selling 318 shares during the period. iShares Russell 2000 ETF accounts for approximately 1.5% of Smith & Howard Wealth Management LLC’s investment portfolio, making the stock its 17th biggest position. Smith & Howard Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $5,245,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Miller Financial Services LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $9,479,000. Morling Financial Advisors LLC grew its stake in shares of iShares Russell 2000 ETF by 49.4% in the 4th quarter. Morling Financial Advisors LLC now owns 475 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 157 shares during the period. Citizens Financial Group Inc. RI grew its stake in shares of iShares Russell 2000 ETF by 6.4% in the 4th quarter. Citizens Financial Group Inc. RI now owns 394,594 shares of the exchange traded fund’s stock valued at $87,190,000 after buying an additional 23,764 shares during the period. Davis R M Inc. grew its stake in shares of iShares Russell 2000 ETF by 3.8% in the 4th quarter. Davis R M Inc. now owns 8,190 shares of the exchange traded fund’s stock valued at $1,810,000 after buying an additional 299 shares during the period. Finally, Vista Investment Partners II LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $966,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $200.77 on Tuesday. The firm has a 50 day simple moving average of $221.54 and a 200-day simple moving average of $223.74. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The stock has a market cap of $64.31 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17.

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.