Bristlecone Advisors LLC Has $1.75 Million Stock Position in iShares Russell 2000 ETF $IWM

Bristlecone Advisors LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 31.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,126 shares of the exchange traded fund’s stock after selling 3,721 shares during the period. Bristlecone Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $1,754,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IWM. Quaker Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 211.1% in the second quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 228 shares during the period. Opal Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the second quarter worth $28,000. Financial Network Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF in the first quarter worth $29,000. Brooklyn Investment Group bought a new position in iShares Russell 2000 ETF in the first quarter worth $30,000. Finally, Proathlete Wealth Management LLC bought a new position in iShares Russell 2000 ETF in the second quarter worth $30,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock opened at $248.96 on Wednesday. The stock has a market cap of $70.29 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $252.77. The stock has a fifty day moving average price of $240.88 and a 200 day moving average price of $221.24.

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.