Beam Wealth Advisors Inc. Lowers Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Beam Wealth Advisors Inc. lowered its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 22,228 shares of the exchange traded fund’s stock after selling 133 shares during the period. iShares Russell 2000 ETF accounts for about 2.8% of Beam Wealth Advisors Inc.’s portfolio, making the stock its 10th largest position. Beam Wealth Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $4,461,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of IWM. Defender Capital LLC. bought a new stake in iShares Russell 2000 ETF in the first quarter valued at about $411,000. Fairfield Bush & CO. bought a new stake in iShares Russell 2000 ETF in the first quarter valued at about $105,000. AMI Investment Management Inc. increased its holdings in iShares Russell 2000 ETF by 38.5% in the first quarter. AMI Investment Management Inc. now owns 6,553 shares of the exchange traded fund’s stock valued at $1,345,000 after purchasing an additional 1,822 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its holdings in iShares Russell 2000 ETF by 29.9% in the first quarter. U.S. Capital Wealth Advisors LLC now owns 1,391 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 320 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in iShares Russell 2000 ETF by 8.2% in the first quarter. Sei Investments Co. now owns 38,919 shares of the exchange traded fund’s stock valued at $7,989,000 after purchasing an additional 2,962 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 0.2 %

NYSEARCA IWM traded down $0.47 on Wednesday, reaching $194.59. The company had a trading volume of 19,565,176 shares, compared to its average volume of 38,224,223. The stock’s 50 day moving average is $203.00 and its 200-day moving average is $190.65. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $211.88.

About iShares Russell 2000 ETF

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.