Argent Trust Co Increases Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Argent Trust Co increased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 28,308 shares of the exchange traded fund’s stock after buying an additional 229 shares during the quarter. Argent Trust Co’s holdings in iShares Russell 2000 ETF were worth $6,255,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Amundi raised its position 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 valued at $420,000 after buying an additional 1,800 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in iShares Russell 2000 ETF during the fourth quarter worth about $505,000. Ritholtz Wealth Management increased its position in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after purchasing an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its position in 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 position in iShares Russell 2000 ETF by 1.0% during the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after purchasing an additional 295 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 3.3 %

IWM stock traded down $6.21 during mid-day trading on Thursday, hitting $183.48. 11,603,236 shares of the company were exchanged, compared to its average volume of 29,671,462. The firm has a market capitalization of $58.74 billion, a P/E ratio of 15.93 and a beta of 1.12. The business has a fifty day simple moving average of $208.60 and a 200-day simple moving average of $220.46. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month 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.