iShares Russell 2000 ETF $IWM Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC cut its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 46.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 291,965 shares of the exchange traded fund’s stock after selling 257,775 shares during the period. Hsbc Holdings PLC owned 0.11% of iShares Russell 2000 ETF worth $72,274,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Accredited Investors Inc. boosted its stake in shares of iShares Russell 2000 ETF by 7.5% during the 1st quarter. Accredited Investors Inc. now owns 355,004 shares of the exchange traded fund’s stock worth $88,041,000 after acquiring an additional 24,858 shares in the last quarter. Sonata Capital Group Inc. increased its stake in shares of iShares Russell 2000 ETF by 8.4% in the 1st quarter. Sonata Capital Group Inc. now owns 8,281 shares of the exchange traded fund’s stock valued at $2,054,000 after purchasing an additional 645 shares in the last quarter. Team Hewins LLC raised its holdings in iShares Russell 2000 ETF by 85.7% in the 1st quarter. Team Hewins LLC now owns 1,588 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 733 shares during the period. Forza Wealth Management LLC raised its holdings in iShares Russell 2000 ETF by 9.5% in the 1st quarter. Forza Wealth Management LLC now owns 2,992 shares of the exchange traded fund’s stock worth $742,000 after purchasing an additional 260 shares during the period. Finally, First Horizon Corp boosted its position in iShares Russell 2000 ETF by 0.5% during the first quarter. First Horizon Corp now owns 103,795 shares of the exchange traded fund’s stock worth $25,741,000 after purchasing an additional 558 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $294.04 on Monday. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $302.72. The stock’s 50 day moving average is $290.80 and its two-hundred day moving average is $271.49. The firm has a market cap of $81.48 billion, a P/E ratio of 17.69 and a beta of 1.10.

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.