Independent Family Office LLC Lowers Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Independent Family Office LLC cut its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,411 shares of the exchange traded fund’s stock after selling 900 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 4.4% of Independent Family Office LLC’s holdings, making the stock its 6th largest position. Independent Family Office LLC’s holdings in iShares Russell 2000 ETF were worth $8,487,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors 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 3rd quarter valued at approximately $25,000. Field & Main Bank bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Atala Financial Inc bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Insight Inv LLC bought a new position in shares of iShares Russell 2000 ETF during the 4th quarter valued at $30,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at $31,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA IWM opened at $205.45 on Tuesday. The business’s fifty day moving average price is $219.46 and its 200-day moving average price is $223.12. The stock has a market capitalization of $66.40 billion, a price-to-earnings ratio of 16.20 and a beta of 1.19. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98.

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.