iShares Russell 2000 ETF (NYSEARCA:IWM) Reaches New 1-Year Low – Should You Sell?

iShares Russell 2000 ETF (NYSEARCA:IWM) hit a new 52-week low on Thursday . The stock traded as low as $189.20 and last traded at $190.50, with a volume of 26175385 shares traded. The stock had previously closed at $202.66.

iShares Russell 2000 ETF Stock Down 4.5 %

The firm has a market cap of $58.01 billion, a price-to-earnings ratio of 15.93 and a beta of 1.12. The business has a 50 day moving average price of $213.12 and a 200-day moving average price of $221.83.

Institutional Investors Weigh In On iShares Russell 2000 ETF

A number of large investors have recently added to or reduced their stakes in the company. Amundi increased its stake in shares of iShares Russell 2000 ETF by 1,894.7% in the fourth quarter. Amundi now owns 1,895 shares of the exchange traded fund’s stock worth $420,000 after buying an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth about $505,000. Ritholtz Wealth Management raised its stake in shares of iShares Russell 2000 ETF by 7.7% in the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of iShares Russell 2000 ETF by 0.6% during the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after purchasing an additional 339 shares during the last quarter. Finally, Legacy Trust increased its holdings in iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after buying an additional 295 shares during the last quarter.

iShares Russell 2000 ETF Company 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.