Cavalier Investments LLC Sells 94,994 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Cavalier Investments LLC reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 81.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 21,686 shares of the exchange traded fund’s stock after selling 94,994 shares during the quarter. iShares Russell 2000 ETF comprises approximately 1.6% of Cavalier Investments LLC’s holdings, making the stock its 13th largest holding. Cavalier Investments LLC’s holdings in iShares Russell 2000 ETF were worth $4,792,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in iShares Russell 2000 ETF in the third quarter worth $25,000. Field & Main Bank bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth $27,000. Insight Inv LLC bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth $30,000. RPg Family Wealth Advisory LLC bought a new stake in iShares Russell 2000 ETF in the third quarter worth $31,000. Finally, Thompson Investment Management Inc. bought a new stake in iShares Russell 2000 ETF in the fourth quarter worth $32,000.

iShares Russell 2000 ETF Stock Down 0.4 %

Shares of IWM opened at $215.41 on Wednesday. The company has a market cap of $69.00 billion, a PE ratio of 16.97 and a beta of 1.17. The business has a fifty day moving average of $223.96 and a 200 day moving average of $223.89. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98.

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.