Arbor Investment Advisors LLC Trims Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Arbor Investment Advisors LLC reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,206 shares of the exchange traded fund’s stock after selling 640 shares during the quarter. iShares Russell 2000 ETF accounts for 1.6% of Arbor Investment Advisors LLC’s holdings, making the stock its 14th largest position. Arbor Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $11,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $505,000. Ritholtz Wealth Management raised its position in iShares Russell 2000 ETF by 7.7% during the fourth quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock valued at $503,000 after acquiring an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in iShares Russell 2000 ETF by 0.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock valued at $12,443,000 after purchasing an additional 339 shares during the period. Legacy Trust grew its holdings in iShares Russell 2000 ETF by 1.0% in the fourth quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock valued at $6,717,000 after purchasing an additional 295 shares during the period. Finally, Aurelius Family Office LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $1,244,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $217.80 on Friday. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The stock’s 50 day moving average is $224.64 and its two-hundred day moving average is $223.61.

iShares Russell 2000 ETF Company 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.