iShares Russell 2000 ETF (NYSEARCA:IWM) Stake Trimmed by Prudent Man Advisors LLC

Prudent Man Advisors LLC cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 17,823 shares of the exchange traded fund’s stock after selling 3,634 shares during the period. iShares Russell 2000 ETF makes up about 1.4% of Prudent Man Advisors LLC’s portfolio, making the stock its 11th largest holding. Prudent Man Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $3,938,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of IWM. Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth approximately $4,672,147,000. Empower Advisory Group LLC boosted its stake in shares of iShares Russell 2000 ETF by 2.6% during the 4th quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock worth $1,740,740,000 after acquiring an additional 199,487 shares in the last quarter. Toronto Dominion Bank increased its holdings in shares of iShares Russell 2000 ETF by 3.7% during the 3rd quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after acquiring an additional 243,160 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after purchasing an additional 1,446,443 shares during the last quarter. Finally, M&T Bank Corp raised its position in shares of iShares Russell 2000 ETF by 1.9% in the third quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock valued at $670,800,000 after purchasing an additional 55,800 shares during the period.

iShares Russell 2000 ETF Stock Up 1.1 %

NYSEARCA:IWM opened at $214.65 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm has a market cap of $68.75 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The company’s 50 day moving average is $223.56 and its 200-day moving average is $223.83.

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.