Concorde Asset Management LLC Decreases Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Concorde Asset Management LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.4% during the 4th quarter, Holdings Channel reports. The firm owned 2,138 shares of the exchange traded fund’s stock after selling 248 shares during the quarter. Concorde Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $472,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IWM. Morse Asset Management Inc acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $462,000. Nomura Asset Management Co. Ltd. lifted its stake in shares of iShares Russell 2000 ETF by 55.3% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 19,880 shares of the exchange traded fund’s stock worth $4,391,000 after purchasing an additional 7,080 shares during the period. Teachers Retirement System of The State of Kentucky acquired a new stake in shares of iShares Russell 2000 ETF during the third quarter worth $1,311,000. Soltis Investment Advisors LLC grew its position in shares of iShares Russell 2000 ETF by 76.9% in the third quarter. Soltis Investment Advisors LLC now owns 4,950 shares of the exchange traded fund’s stock valued at $1,093,000 after purchasing an additional 2,152 shares during the period. Finally, M&T Bank Corp increased its stake in 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 last quarter.

iShares Russell 2000 ETF Stock Performance

IWM opened at $181.71 on Friday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $244.98. The company’s 50 day simple moving average is $207.76 and its 200 day simple moving average is $220.19. The stock has a market capitalization of $58.17 billion, a PE ratio of 15.93 and a beta of 1.12.

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.