McAdam LLC Trims Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

McAdam LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,550 shares of the exchange traded fund’s stock after selling 205 shares during the period. McAdam LLC’s holdings in iShares Russell 2000 ETF were worth $517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Family Firm Inc. boosted its position in iShares Russell 2000 ETF by 10.9% in the 2nd quarter. Family Firm Inc. now owns 7,818 shares of the exchange traded fund’s stock worth $1,586,000 after purchasing an additional 766 shares in the last quarter. Silverleafe Capital Partners LLC boosted its holdings in iShares Russell 2000 ETF by 124.2% during the second quarter. Silverleafe Capital Partners LLC now owns 34,854 shares of the exchange traded fund’s stock worth $7,071,000 after buying an additional 19,308 shares in the last quarter. Grove Bank & Trust grew its position in iShares Russell 2000 ETF by 21.8% during the second quarter. Grove Bank & Trust now owns 9,981 shares of the exchange traded fund’s stock valued at $2,025,000 after buying an additional 1,787 shares during the period. Everhart Financial Group Inc. increased its holdings in iShares Russell 2000 ETF by 7.5% in the second quarter. Everhart Financial Group Inc. now owns 2,224 shares of the exchange traded fund’s stock valued at $427,000 after buying an additional 155 shares in the last quarter. Finally, Diversified LLC raised its position in shares of iShares Russell 2000 ETF by 5.5% in the second quarter. Diversified LLC now owns 301,434 shares of the exchange traded fund’s stock worth $61,158,000 after acquiring an additional 15,630 shares during the period.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $220.38 on Friday. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $228.63. The company’s 50-day simple moving average is $209.77 and its 200-day simple moving average is $205.15.

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.