iShares Russell 2000 ETF $IWM Shares Sold by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 59,101 shares of the exchange traded fund’s stock after selling 2,254 shares during the period. iShares Russell 2000 ETF accounts for about 1.0% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 26th biggest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell 2000 ETF were worth $14,657,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in iShares Russell 2000 ETF by 633.5% in the fourth quarter. Bank of America Corp DE now owns 43,751,735 shares of the exchange traded fund’s stock valued at $10,769,927,000 after buying an additional 51,952,453 shares during the last quarter. Rafferty Asset Management LLC grew its position in shares of iShares Russell 2000 ETF by 10.6% during the second quarter. Rafferty Asset Management LLC now owns 6,747,829 shares of the exchange traded fund’s stock worth $1,456,114,000 after acquiring an additional 648,801 shares during the last quarter. Northern Trust Corp grew its position in shares of iShares Russell 2000 ETF by 3.2% during the fourth quarter. Northern Trust Corp now owns 4,252,572 shares of the exchange traded fund’s stock worth $1,046,813,000 after acquiring an additional 130,667 shares during the last quarter. HRT Financial LP increased its holdings in shares of iShares Russell 2000 ETF by 112.9% in the 4th quarter. HRT Financial LP now owns 4,119,165 shares of the exchange traded fund’s stock valued at $1,013,973,000 after acquiring an additional 2,184,265 shares during the period. Finally, Durable Capital Partners LP increased its holdings in shares of iShares Russell 2000 ETF by 105.5% in the 2nd quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after acquiring an additional 1,333,316 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $299.83 on Friday. The company has a fifty day moving average price of $285.08 and a 200 day moving average price of $266.66. iShares Russell 2000 ETF has a 12 month low of $212.34 and a 12 month high of $301.50. The company has a market cap of $83.26 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

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