MV Capital Management Inc. Sells 8,233 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

MV Capital Management Inc. reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 32.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,503 shares of the exchange traded fund’s stock after selling 8,233 shares during the period. MV Capital Management Inc.’s holdings in iShares Russell 2000 ETF were worth $3,867,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. The Manufacturers Life Insurance Company grew its holdings in iShares Russell 2000 ETF by 3,015.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 207,033 shares of the exchange traded fund’s stock valued at $45,732,000 after buying an additional 200,388 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of iShares Russell 2000 ETF by 10.6% during the 3rd quarter. Townsquare Capital LLC now owns 16,311 shares of the exchange traded fund’s stock valued at $3,603,000 after acquiring an additional 1,563 shares during the last quarter. Freedom Investment Management Inc. grew its holdings in shares of iShares Russell 2000 ETF by 12.6% in the third quarter. Freedom Investment Management Inc. now owns 4,078 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 456 shares in the last quarter. Fiduciary Trust Co increased its position in iShares Russell 2000 ETF by 11.8% in the third quarter. Fiduciary Trust Co now owns 35,201 shares of the exchange traded fund’s stock worth $7,776,000 after purchasing an additional 3,704 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in iShares Russell 2000 ETF by 107.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,458 shares of the exchange traded fund’s stock valued at $1,423,000 after purchasing an additional 3,352 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 2.0 %

IWM stock opened at $200.45 on Friday. iShares Russell 2000 ETF has a 52 week low of $191.34 and a 52 week high of $244.98. The firm has a market capitalization of $64.79 billion, a P/E ratio of 16.20 and a beta of 1.19. The company has a fifty day simple moving average of $216.50 and a two-hundred day simple moving average of $222.46.

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.