Kestra Advisory Services LLC Sells 31,313 Shares of iShares Russell 2000 ETF $IWM

Kestra Advisory Services LLC trimmed its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 11.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,630 shares of the exchange traded fund’s stock after selling 31,313 shares during the quarter. Kestra Advisory Services LLC owned 0.09% of iShares Russell 2000 ETF worth $68,258,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell 2000 ETF by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,187,467 shares of the exchange traded fund’s stock valued at $790,492,000 after buying an additional 197,189 shares during the period. AIA Group Ltd grew its position in shares of iShares Russell 2000 ETF by 181.5% during the first quarter. AIA Group Ltd now owns 1,864,118 shares of the exchange traded fund’s stock worth $462,301,000 after buying an additional 1,201,808 shares in the last quarter. Fifth Third Bancorp increased its stake in shares of iShares Russell 2000 ETF by 61.6% during the first quarter. Fifth Third Bancorp now owns 957,068 shares of the exchange traded fund’s stock worth $237,353,000 after buying an additional 364,779 shares during the period. HighTower Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 10.9% during the second quarter. HighTower Advisors LLC now owns 712,746 shares of the exchange traded fund’s stock worth $214,144,000 after buying an additional 70,330 shares during the period. Finally, AMG National Trust Bank increased its stake in shares of iShares Russell 2000 ETF by 4.6% during the first quarter. AMG National Trust Bank now owns 860,460 shares of the exchange traded fund’s stock worth $213,394,000 after buying an additional 37,843 shares during the period.

iShares Russell 2000 ETF Stock Down 4.6%

Shares of NYSEARCA:IWM opened at $270.98 on Friday. The firm’s 50 day moving average price is $282.63 and its 200 day moving average price is $278.85. The stock has a market cap of $73.21 billion, a price-to-earnings ratio of 17.69 and a beta of 1.14. iShares Russell 2000 ETF has a fifty-two week low of $228.90 and a fifty-two 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.