BG Investment Services Inc. Lowers Stock Holdings in iShares Russell 2000 ETF $IWM

BG Investment Services Inc. reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 31.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,663 shares of the exchange traded fund’s stock after selling 3,934 shares during the quarter. iShares Russell 2000 ETF makes up approximately 2.3% of BG Investment Services Inc.’s portfolio, making the stock its 12th biggest position. BG Investment Services Inc.’s holdings in iShares Russell 2000 ETF were worth $1,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 18.5% during the second quarter. Farther Finance Advisors LLC now owns 28,093 shares of the exchange traded fund’s stock worth $6,062,000 after acquiring an additional 4,381 shares during the period. Ellis Investment Partners LLC grew its stake in iShares Russell 2000 ETF by 18.1% during the 2nd quarter. Ellis Investment Partners LLC now owns 2,669 shares of the exchange traded fund’s stock worth $576,000 after purchasing an additional 409 shares in the last quarter. American National Bank & Trust increased its holdings in iShares Russell 2000 ETF by 52.7% during the 2nd quarter. American National Bank & Trust now owns 11,874 shares of the exchange traded fund’s stock worth $2,562,000 after purchasing an additional 4,098 shares during the period. Independent Wealth Network Inc. increased its holdings in iShares Russell 2000 ETF by 2.6% during the 2nd quarter. Independent Wealth Network Inc. now owns 2,477 shares of the exchange traded fund’s stock worth $534,000 after purchasing an additional 62 shares during the period. Finally, Wealth Architects LLC raised its position in iShares Russell 2000 ETF by 173.8% in the 2nd quarter. Wealth Architects LLC now owns 7,459 shares of the exchange traded fund’s stock valued at $1,610,000 after purchasing an additional 4,735 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $248.16 on Tuesday. iShares Russell 2000 ETF has a 1 year low of $171.73 and a 1 year high of $252.77. The stock has a market capitalization of $69.46 billion, a PE ratio of 17.69 and a beta of 1.15. The stock has a 50-day simple moving average of $238.52 and a 200-day simple moving average of $218.48.

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.