SVB Wealth LLC Sells 6,305 Shares of iShares Russell 2000 ETF $IWM

SVB Wealth LLC trimmed its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,252 shares of the exchange traded fund’s stock after selling 6,305 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $5,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. NWK Group Inc. raised its stake in shares of iShares Russell 2000 ETF by 1.1% during the first quarter. NWK Group Inc. now owns 3,279 shares of the exchange traded fund’s stock valued at $813,000 after acquiring an additional 36 shares in the last quarter. Mirador Capital Partners LP boosted its holdings in shares of iShares Russell 2000 ETF by 2.9% in the second quarter. Mirador Capital Partners LP now owns 1,274 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 36 shares during the period. Wealth Group Ltd grew its stake in iShares Russell 2000 ETF by 3.5% in the second quarter. Wealth Group Ltd now owns 1,101 shares of the exchange traded fund’s stock worth $331,000 after purchasing an additional 37 shares in the last quarter. LGL Partners LLC grew its stake in iShares Russell 2000 ETF by 0.3% in the fourth quarter. LGL Partners LLC now owns 11,916 shares of the exchange traded fund’s stock worth $2,933,000 after purchasing an additional 38 shares in the last quarter. Finally, Measured Risk Portfolios Inc. grew its stake in iShares Russell 2000 ETF by 1.7% in the first quarter. Measured Risk Portfolios Inc. now owns 2,304 shares of the exchange traded fund’s stock worth $571,000 after purchasing an additional 38 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 0.5%

IWM opened at $294.67 on Wednesday. The stock’s fifty day moving average is $296.79 and its two-hundred day moving average is $280.91. The company has a market capitalization of $81.11 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 52 week low of $228.90 and a 52 week high of $305.18.

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.