Morris Financial Concepts Inc. Reduces Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Morris Financial Concepts Inc. decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.1% in the 1st quarter, Holdings Channel reports. The fund owned 4,559 shares of the exchange traded fund’s stock after selling 196 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares Russell 2000 ETF were worth $959,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley increased its position in shares of iShares Russell 2000 ETF by 34.8% during the third quarter. Morgan Stanley now owns 19,634,415 shares of the exchange traded fund’s stock worth $3,470,187,000 after acquiring an additional 5,063,767 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of iShares Russell 2000 ETF by 104.5% during the 4th quarter. Private Advisor Group LLC now owns 193,264 shares of the exchange traded fund’s stock valued at $38,786,000 after buying an additional 4,492,092 shares during the last quarter. International Assets Investment Management LLC grew its position in shares of iShares Russell 2000 ETF by 20,707.4% during the fourth quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock worth $897,019,000 after buying an additional 4,447,751 shares in the last quarter. Rafferty Asset Management LLC raised its holdings in iShares Russell 2000 ETF by 84.1% in the fourth quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after acquiring an additional 3,921,131 shares in the last quarter. Finally, Granite Bay Wealth Management LLC boosted its stake in iShares Russell 2000 ETF by 1,331.4% during the 4th quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock valued at $782,581,000 after acquiring an additional 3,626,670 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock traded down $1.70 during trading on Monday, reaching $201.19. The company had a trading volume of 21,596,268 shares, compared to its average volume of 33,553,215. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $211.88. The firm’s fifty day moving average is $202.55 and its 200-day moving average is $200.83.

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.