Fiduciary Group LLC Trims Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Fiduciary Group LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,677 shares of the exchange traded fund’s stock after selling 119 shares during the quarter. Fiduciary Group LLC’s holdings in iShares Russell 2000 ETF were worth $371,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $505,000. Ritholtz Wealth Management raised its position in iShares Russell 2000 ETF by 7.7% during the 4th quarter. Ritholtz Wealth Management now owns 2,276 shares of the exchange traded fund’s stock worth $503,000 after buying an additional 162 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its position in iShares Russell 2000 ETF by 0.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 56,314 shares of the exchange traded fund’s stock worth $12,443,000 after buying an additional 339 shares during the last quarter. Legacy Trust raised its position in iShares Russell 2000 ETF by 1.0% during the 4th quarter. Legacy Trust now owns 30,400 shares of the exchange traded fund’s stock worth $6,717,000 after buying an additional 295 shares during the last quarter. Finally, Aurelius Family Office LLC purchased a new position in iShares Russell 2000 ETF during the 4th quarter worth approximately $1,244,000.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA IWM opened at $205.06 on Friday. The stock has a market capitalization of $66.28 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The firm’s 50 day simple moving average is $218.43 and its 200-day simple moving average is $222.76.

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.