Modera Wealth Management LLC Sells 1,253 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Modera Wealth Management LLC trimmed its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 183,372 shares of the exchange traded fund’s stock after selling 1,253 shares during the period. Modera Wealth Management LLC owned about 0.06% of iShares Russell 2000 ETF worth $40,518,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of IWM. Proficio Capital Partners LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter valued at $4,672,147,000. JPMorgan Chase & Co. boosted its position in iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in iShares Russell 2000 ETF by 21,916.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after buying an additional 734,412 shares during the last quarter. Redwood Investment Management LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter valued at $142,774,000. Finally, Cibc World Market Inc. boosted its position in iShares Russell 2000 ETF by 18.1% in the 4th quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock valued at $633,797,000 after buying an additional 440,218 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 1.1 %

NYSEARCA:IWM opened at $214.65 on Friday. iShares Russell 2000 ETF has a 12-month low of $191.34 and a 12-month high of $244.98. The firm has a market capitalization of $68.75 billion, a P/E ratio of 16.97 and a beta of 1.17. The stock’s fifty day simple moving average is $223.56 and its 200-day simple moving average is $223.94.

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.