iShares Russell 2000 ETF $IWM Shares Sold by Penn Capital Management Company LLC

Penn Capital Management Company LLC cut its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 52.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,036 shares of the exchange traded fund’s stock after selling 3,391 shares during the quarter. Penn Capital Management Company LLC’s holdings in iShares Russell 2000 ETF were worth $912,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Acumen Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the fourth quarter worth about $27,000. Measured Wealth Private Client Group LLC purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $28,000. Osbon Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000. Finally, Tower View Wealth Management LLC purchased a new stake in iShares Russell 2000 ETF during the 1st quarter worth approximately $32,000.

iShares Russell 2000 ETF Trading Down 1.4%

Shares of iShares Russell 2000 ETF stock opened at $295.75 on Friday. iShares Russell 2000 ETF has a 12-month low of $228.90 and a 12-month high of $305.18. The firm has a market capitalization of $81.41 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. The firm’s 50 day simple moving average is $297.35 and its two-hundred day simple moving average is $279.30.

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.