Parkside Financial Bank & Trust Sells 3,715 Shares of iShares Russell 2000 ETF $IWM

Parkside Financial Bank & Trust lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 10.0% in the second quarter, HoldingsChannel reports. The firm owned 33,597 shares of the exchange traded fund’s stock after selling 3,715 shares during the period. iShares Russell 2000 ETF accounts for about 0.7% of Parkside Financial Bank & Trust’s holdings, making the stock its 25th biggest position. Parkside Financial Bank & Trust’s holdings in iShares Russell 2000 ETF were worth $10,094,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Range Advisory LLC increased its stake in shares of iShares Russell 2000 ETF by 24.7% in the 2nd quarter. Range Advisory LLC now owns 11,215 shares of the exchange traded fund’s stock valued at $3,369,000 after acquiring an additional 2,219 shares during the last quarter. Corient Private Wealth LP grew its holdings in iShares Russell 2000 ETF by 4.8% during the second quarter. Corient Private Wealth LP now owns 524,135 shares of the exchange traded fund’s stock valued at $157,477,000 after purchasing an additional 23,954 shares during the period. Tucker Asset Management LLC increased its stake in iShares Russell 2000 ETF by 127.1% in the second quarter. Tucker Asset Management LLC now owns 2,278 shares of the exchange traded fund’s stock valued at $684,000 after purchasing an additional 1,275 shares in the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co increased its stake in iShares Russell 2000 ETF by 40.1% in the second quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 29,608 shares of the exchange traded fund’s stock valued at $8,904,000 after purchasing an additional 8,480 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in iShares Russell 2000 ETF by 10.9% in the second quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock worth $214,144,000 after purchasing an additional 70,330 shares during the period.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $296.01 on Tuesday. The company’s fifty day moving average is $296.91 and its 200-day moving average is $280.70. The stock has a market cap of $81.48 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a twelve month low of $228.90 and a twelve month high of $305.18.

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