Independent Family Office LLC Decreases Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Independent Family Office LLC decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 38,411 shares of the exchange traded fund’s stock after selling 900 shares during the period. iShares Russell 2000 ETF comprises approximately 4.4% of Independent Family Office LLC’s holdings, making the stock its 6th biggest position. Independent Family Office LLC’s holdings in iShares Russell 2000 ETF were worth $8,487,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter worth approximately $25,000. Field & Main Bank purchased a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth $27,000. Atala Financial Inc bought a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Insight Inv LLC purchased a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter worth $31,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $205.45 on Tuesday. The stock has a fifty day simple moving average of $219.46 and a two-hundred day simple moving average of $223.12. The firm has a market capitalization of $66.40 billion, a PE ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98.

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.