Brown Miller Wealth Management LLC Sells 4,655 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Brown Miller Wealth Management LLC trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 62.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,808 shares of the exchange traded fund’s stock after selling 4,655 shares during the period. Brown Miller Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $560,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. CM Wealth Advisors LLC lifted its stake in iShares Russell 2000 ETF by 0.8% in the fourth quarter. CM Wealth Advisors LLC now owns 5,531 shares of the exchange traded fund’s stock worth $1,222,000 after purchasing an additional 45 shares during the last quarter. BOS Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 2.9% in the fourth quarter. BOS Asset Management LLC now owns 1,612 shares of the exchange traded fund’s stock valued at $356,000 after acquiring an additional 45 shares during the period. Sumitomo Mitsui Financial Group Inc. increased its position in shares of iShares Russell 2000 ETF by 5.1% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 996 shares of the exchange traded fund’s stock valued at $220,000 after acquiring an additional 48 shares during the period. Capital Group Private Client Services Inc. increased its position in shares of iShares Russell 2000 ETF by 0.3% in the fourth quarter. Capital Group Private Client Services Inc. now owns 18,028 shares of the exchange traded fund’s stock valued at $3,984,000 after acquiring an additional 48 shares during the period. Finally, Xcel Wealth Management LLC increased its position in shares of iShares Russell 2000 ETF by 3.1% in the fourth quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock valued at $360,000 after acquiring an additional 49 shares during the period.

iShares Russell 2000 ETF Trading Down 1.8%

IWM stock opened at $208.89 on Monday. The firm’s 50-day moving average price is $199.60 and its two-hundred day moving average price is $212.06. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $244.98. The stock has a market capitalization of $62.64 billion, a price-to-earnings ratio of 16.63 and a beta of 1.11.

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.