Cornerstone Wealth Group LLC reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 81.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 6,757 shares of the exchange traded fund’s stock after selling 28,772 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares Russell 2000 ETF were worth $1,855,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada bought a new position in iShares Russell 2000 ETF during the 3rd quarter worth about $26,000. Acumen Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 ETF in the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter valued at about $28,000. Osbon Capital Management LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $31,000. Finally, Columbia Asset Management purchased a new stake in shares of iShares Russell 2000 ETF in the 4th quarter worth approximately $32,000.
iShares Russell 2000 ETF Stock Performance
NYSEARCA IWM opened at $299.83 on Friday. The firm’s 50 day moving average price is $285.08 and its 200-day moving average price is $266.66. iShares Russell 2000 ETF has a 52-week low of $212.34 and a 52-week high of $301.50. The company has a market cap of $83.26 billion, a PE ratio of 17.69 and a beta of 1.11.
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.
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