Kettle Hill Capital Management LLC Cuts Stock Position in iShares Russell 2000 ETF $IWM

Kettle Hill Capital Management LLC cut its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,984 shares of the exchange traded fund’s stock after selling 2,153 shares during the quarter. iShares Russell 2000 ETF makes up approximately 1.8% of Kettle Hill Capital Management LLC’s investment portfolio, making the stock its 23rd largest holding. Kettle Hill Capital Management LLC’s holdings in iShares Russell 2000 ETF were worth $7,981,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Investment Counsel Co. of Nevada purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. Abich Financial Wealth Management LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter worth approximately $30,000. GGM Financials LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter valued at approximately $35,000. Pingora Partners LLC purchased a new stake in iShares Russell 2000 ETF during the second quarter valued at approximately $32,000. Finally, Beacon Capital Management Inc. acquired a new stake in iShares Russell 2000 ETF in the second quarter valued at approximately $35,000.

iShares Russell 2000 ETF Trading Down 0.3%

NYSEARCA IWM opened at $246.59 on Monday. The firm’s fifty day simple moving average is $261.08 and its two-hundred day simple moving average is $250.15. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $271.60. The firm has a market capitalization of $70.24 billion, a P/E ratio of 17.69 and a beta of 1.13.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.