Pacific Capital Wealth Advisors Inc. Sells 1,290 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Pacific Capital Wealth Advisors Inc. cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,667 shares of the exchange traded fund’s stock after selling 1,290 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.6% of Pacific Capital Wealth Advisors Inc.’s holdings, making the stock its 22nd biggest position. Pacific Capital Wealth Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $3,724,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Edge Financial Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the first quarter worth $1,434,000. NBT Bank N A NY grew its position in iShares Russell 2000 ETF by 0.5% in the first quarter. NBT Bank N A NY now owns 35,576 shares of the exchange traded fund’s stock valued at $7,097,000 after acquiring an additional 167 shares during the last quarter. Robertson Stephens Wealth Management LLC grew its position in iShares Russell 2000 ETF by 5.7% in the first quarter. Robertson Stephens Wealth Management LLC now owns 49,744 shares of the exchange traded fund’s stock valued at $9,924,000 after acquiring an additional 2,670 shares during the last quarter. Patton Fund Management Inc. grew its position in iShares Russell 2000 ETF by 3.4% in the first quarter. Patton Fund Management Inc. now owns 70,761 shares of the exchange traded fund’s stock valued at $14,116,000 after acquiring an additional 2,310 shares during the last quarter. Finally, Highline Wealth Partners LLC grew its holdings in shares of iShares Russell 2000 ETF by 210.0% during the first quarter. Highline Wealth Partners LLC now owns 310 shares of the exchange traded fund’s stock worth $62,000 after purchasing an additional 210 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $210.77 on Tuesday. The business’s 50 day simple moving average is $200.32 and its 200 day simple moving average is $211.84. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $244.98. The stock has a market capitalization of $63.20 billion, a PE 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.