49 Wealth Management LLC Trims Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

49 Wealth Management LLC lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 93.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund 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 quarter.

Several other large investors also recently added to or reduced their stakes in IWM. L & S Advisors Inc increased its holdings in shares of iShares Russell 2000 ETF by 8.8% during the 3rd quarter. L & S Advisors Inc now owns 3,348 shares of the exchange traded fund’s stock worth $740,000 after buying an additional 272 shares during the last quarter. DE Burlo Group Inc. increased its stake in iShares Russell 2000 ETF by 10.4% during the third quarter. DE Burlo Group Inc. now owns 190,600 shares of the exchange traded fund’s stock worth $42,102,000 after acquiring an additional 18,000 shares during the last quarter. Running Point Capital Advisors LLC raised its position in iShares Russell 2000 ETF by 11.5% in the third quarter. Running Point Capital Advisors LLC now owns 1,352 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 139 shares during the period. German American Bancorp Inc. lifted its stake in shares of iShares Russell 2000 ETF by 9.7% in the 3rd quarter. German American Bancorp Inc. now owns 206,966 shares of the exchange traded fund’s stock valued at $45,717,000 after purchasing an additional 18,302 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its holdings in shares of iShares Russell 2000 ETF by 1.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 370,830 shares of the exchange traded fund’s stock worth $81,913,000 after purchasing an additional 5,771 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $234.44 on Friday. The firm’s 50 day moving average price is $223.69 and its 200-day moving average price is $213.96. iShares Russell 2000 ETF has a one year low of $177.20 and a one year high of $242.39.

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.