Summit Wealth & Retirement Planning Inc. Lowers Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Summit Wealth & Retirement Planning Inc. cut its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.3% in the 4th quarter, Holdings Channel reports. The fund owned 26,624 shares of the exchange traded fund’s stock after selling 75 shares during the quarter. iShares Russell 2000 ETF comprises about 1.8% of Summit Wealth & Retirement Planning Inc.’s holdings, making the stock its 14th largest position. Summit Wealth & Retirement Planning Inc.’s holdings in iShares Russell 2000 ETF were worth $5,883,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Peoples Bank KS increased its position in shares of iShares Russell 2000 ETF by 1.3% during the 4th quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock valued at $768,000 after purchasing an additional 45 shares during the last quarter. Transform Wealth LLC boosted its stake in shares of iShares Russell 2000 ETF by 1.6% in the 4th quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock valued at $628,000 after purchasing an additional 45 shares in the last quarter. Anchor Investment Management LLC raised its position in iShares Russell 2000 ETF by 6.8% in the 3rd quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 47 shares during the period. Jackson Grant Investment Advisers Inc. boosted its position in iShares Russell 2000 ETF by 0.5% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 10,269 shares of the exchange traded fund’s stock valued at $2,269,000 after buying an additional 52 shares during the period. Finally, True Vision MN LLC lifted its stake in shares of iShares Russell 2000 ETF by 3.1% in the 3rd quarter. True Vision MN LLC now owns 1,780 shares of the exchange traded fund’s stock valued at $393,000 after acquiring an additional 53 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 1.2 %

Shares of IWM stock opened at $226.00 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98. The stock has a 50 day moving average price of $227.23 and a two-hundred day moving average price of $223.00.

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.