Archer Investment Corp Sells 4,925 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Archer Investment Corp trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 24.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,241 shares of the exchange traded fund’s stock after selling 4,925 shares during the period. iShares Russell 2000 ETF makes up 0.9% of Archer Investment Corp’s portfolio, making the stock its 23rd biggest holding. Archer Investment Corp’s holdings in iShares Russell 2000 ETF were worth $3,367,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC raised its holdings in iShares Russell 2000 ETF by 0.3% in the second quarter. NorthCrest Asset Manangement LLC now owns 18,080 shares of the exchange traded fund’s stock worth $3,668,000 after purchasing an additional 46 shares during the period. Continuum Advisory LLC raised its position in shares of iShares Russell 2000 ETF by 0.4% in the 2nd quarter. Continuum Advisory LLC now owns 12,337 shares of the exchange traded fund’s stock valued at $2,503,000 after buying an additional 47 shares in the last quarter. Paragon Financial Partners Inc. raised its position in shares of iShares Russell 2000 ETF by 3.2% in the 2nd quarter. Paragon Financial Partners Inc. now owns 1,571 shares of the exchange traded fund’s stock valued at $319,000 after buying an additional 48 shares in the last quarter. Front Row Advisors LLC increased its position in iShares Russell 2000 ETF by 34.3% during the 2nd quarter. Front Row Advisors LLC now owns 192 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 49 shares in the last quarter. Finally, Xcel Wealth Management LLC grew its holdings in iShares Russell 2000 ETF by 3.1% during the 2nd quarter. Xcel Wealth Management LLC now owns 1,658 shares of the exchange traded fund’s stock worth $336,000 after acquiring an additional 50 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 0.4 %

Shares of NYSEARCA:IWM traded down $0.85 during trading on Friday, reaching $231.09. The stock had a trading volume of 3,144,509 shares, compared to its average volume of 31,960,686. iShares Russell 2000 ETF has a 52 week low of $175.15 and a 52 week high of $242.39. The firm’s fifty day moving average is $221.52 and its 200 day moving average is $212.85.

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.