Glassman Wealth Services Reduces Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Glassman Wealth Services decreased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 787 shares of the exchange traded fund’s stock after selling 223 shares during the quarter. Glassman Wealth Services’ holdings in iShares Russell 2000 ETF were worth $174,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter worth approximately $505,000. Ritholtz Wealth Management lifted its holdings 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 purchasing an additional 162 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in iShares Russell 2000 ETF by 0.6% during 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 in the last quarter. Legacy Trust lifted its holdings in iShares Russell 2000 ETF by 1.0% during 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 in the last quarter. Finally, Aurelius Family Office LLC purchased a new position in iShares Russell 2000 ETF during the fourth quarter valued at approximately $1,244,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $214.65 on Friday. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The company has a market capitalization of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. The firm’s 50 day simple moving average is $223.56 and its two-hundred day simple moving average is $223.94.

About iShares Russell 2000 ETF

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.