Finemark National Bank & Trust Trims Stake in iShares Russell 2000 ETF $IWM

Finemark National Bank & Trust lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 231,690 shares of the exchange traded fund’s stock after selling 6,354 shares during the period. iShares Russell 2000 ETF comprises approximately 1.8% of Finemark National Bank & Trust’s holdings, making the stock its 11th largest holding. Finemark National Bank & Trust owned about 0.08% of iShares Russell 2000 ETF worth $56,060,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Northern Financial Advisors Inc raised its holdings in shares of iShares Russell 2000 ETF by 4.1% in the 3rd quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 45 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in iShares Russell 2000 ETF by 1.5% during the second quarter. Thoroughbred Financial Services LLC now owns 3,277 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 48 shares during the period. Meridian Wealth Advisors LLC increased its holdings in iShares Russell 2000 ETF by 1.0% during the third quarter. Meridian Wealth Advisors LLC now owns 4,849 shares of the exchange traded fund’s stock valued at $1,173,000 after buying an additional 49 shares during the period. Crowley Wealth Management Inc. raised its stake in iShares Russell 2000 ETF by 8.1% in the third quarter. Crowley Wealth Management Inc. now owns 665 shares of the exchange traded fund’s stock worth $161,000 after buying an additional 50 shares in the last quarter. Finally, Smart Portfolios LLC lifted its holdings in iShares Russell 2000 ETF by 3.7% during the third quarter. Smart Portfolios LLC now owns 1,388 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 50 shares during the period.

iShares Russell 2000 ETF Trading Down 1.7%

Shares of NYSEARCA IWM opened at $261.41 on Friday. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $271.60. The stock’s fifty day simple moving average is $260.18 and its two-hundred day simple moving average is $248.28. The stock has a market capitalization of $74.46 billion, a PE ratio of 17.69 and a beta of 1.13.

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.