Bray Capital Advisors Sells 1,019 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Bray Capital Advisors decreased its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.5% in the 4th quarter, Holdings Channel reports. The fund owned 39,449 shares of the exchange traded fund’s stock after selling 1,019 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 2.4% of Bray Capital Advisors’ investment portfolio, making the stock its 11th biggest position. Bray Capital Advisors’ holdings in iShares Russell 2000 ETF were worth $8,717,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in iShares Russell 2000 ETF in the third quarter valued at $25,000. PSI Advisors LLC grew its position in iShares Russell 2000 ETF by 116.7% in the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 63 shares in the last quarter. Field & Main Bank acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $27,000. Insight Inv LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC acquired a new stake in iShares Russell 2000 ETF in the third quarter valued at $31,000.

iShares Russell 2000 ETF Trading Down 1.0 %

Shares of IWM stock opened at $224.26 on Friday. The company has a fifty day moving average price of $224.94 and a two-hundred day moving average price of $223.37. iShares Russell 2000 ETF has a one year low of $191.34 and a one year 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.