Financial Advocates Investment Management Sells 82,631 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Financial Advocates Investment Management decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 59.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,341 shares of the exchange traded fund’s stock after selling 82,631 shares during the period. iShares Russell 2000 ETF accounts for about 0.7% of Financial Advocates Investment Management’s portfolio, making the stock its 26th biggest position. Financial Advocates Investment Management’s holdings in iShares Russell 2000 ETF were worth $12,527,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in iShares Russell 2000 ETF during the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $26,000. PSI Advisors LLC raised its position in shares of iShares Russell 2000 ETF by 116.7% during the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 63 shares during the period. Field & Main Bank bought a new position in shares of iShares Russell 2000 ETF in the 4th quarter worth $27,000. Finally, Insight Inv LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $229.40 on Thursday. iShares Russell 2000 ETF has a 12 month low of $191.02 and a 12 month high of $244.98. The firm has a fifty day simple moving average of $228.03 and a two-hundred day simple moving average of $222.88.

iShares Russell 2000 ETF Company 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.