Oakwell Private Wealth Management LLC Cuts Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Oakwell Private Wealth Management LLC decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% during the 4th quarter, Holdings Channel reports. The firm owned 9,553 shares of the exchange traded fund’s stock after selling 108 shares during the quarter. iShares Russell 2000 ETF makes up approximately 0.6% of Oakwell Private Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Oakwell Private Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $2,111,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth $25,000. Field & Main Bank purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth about $27,000. Insight Inv LLC acquired a new position in iShares Russell 2000 ETF during the fourth quarter worth about $30,000. RPg Family Wealth Advisory LLC purchased a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at about $31,000. Finally, Financial Management Professionals Inc. purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $215.41 on Wednesday. iShares Russell 2000 ETF has a 1 year low of $191.34 and a 1 year high of $244.98. The firm has a market capitalization of $69.00 billion, a PE ratio of 16.97 and a beta of 1.17. The business has a 50 day simple moving average of $223.96 and a 200-day simple moving average of $223.89.

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.