Pitcairn Co. Cuts Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Pitcairn Co. reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,097 shares of the exchange traded fund’s stock after selling 129 shares during the quarter. Pitcairn Co.’s holdings in iShares Russell 2000 ETF were worth $463,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWM. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth $25,000. Field & Main Bank purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Atala Financial Inc purchased a new position in iShares Russell 2000 ETF in the fourth quarter valued at about $27,000. Insight Inv LLC bought a new position in iShares Russell 2000 ETF in the fourth quarter worth about $30,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at about $32,000.

iShares Russell 2000 ETF Stock Down 4.5 %

Shares of iShares Russell 2000 ETF stock opened at $181.19 on Friday. The company has a market cap of $58.01 billion, a P/E ratio of 15.93 and a beta of 1.12. The firm’s 50 day moving average price is $213.12 and its 200-day moving average price is $221.85. iShares Russell 2000 ETF has a 52-week low of $176.67 and a 52-week high of $244.98.

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.