Meritage Portfolio Management Decreases Holdings in iShares Russell 2000 ETF $IWM

Meritage Portfolio Management decreased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,600 shares of the exchange traded fund’s stock after selling 367 shares during the quarter. Meritage Portfolio Management’s holdings in iShares Russell 2000 ETF were worth $345,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Second Half Financial Partners LLC increased its stake in iShares Russell 2000 ETF by 12.8% during the 2nd quarter. Second Half Financial Partners LLC now owns 14,023 shares of the exchange traded fund’s stock valued at $3,026,000 after purchasing an additional 1,586 shares in the last quarter. Transcendent Capital Group LLC acquired a new position in iShares Russell 2000 ETF during the 2nd quarter valued at approximately $3,639,000. Vanguard Personalized Indexing Management LLC acquired a new position in iShares Russell 2000 ETF during the 2nd quarter valued at approximately $483,000. Sovereign Financial Group Inc. increased its stake in iShares Russell 2000 ETF by 2.9% during the 2nd quarter. Sovereign Financial Group Inc. now owns 2,037 shares of the exchange traded fund’s stock valued at $440,000 after purchasing an additional 58 shares in the last quarter. Finally, Matrix Asset Advisors Inc. NY increased its stake in iShares Russell 2000 ETF by 1.2% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 10,847 shares of the exchange traded fund’s stock valued at $2,341,000 after purchasing an additional 132 shares in the last quarter.

iShares Russell 2000 ETF Trading Up 2.8%

Shares of iShares Russell 2000 ETF stock opened at $244.41 on Tuesday. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $248.48. The firm has a market capitalization of $68.54 billion, a price-to-earnings ratio of 17.69 and a beta of 1.15. The firm’s 50 day simple moving average is $235.86 and its two-hundred day simple moving average is $216.64.

iShares Russell 2000 ETF 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.