iShares Russell 2000 ETF $IWM Stock Position Lowered by Millburn Ridgefield LLC DE

by · The Cerbat Gem

Millburn Ridgefield LLC DE reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 8.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,507,119 shares of the exchange traded fund’s stock after selling 144,658 shares during the quarter. iShares Russell 2000 ETF makes up 8.7% of Millburn Ridgefield LLC DE’s investment portfolio, making the stock its 3rd largest position. Millburn Ridgefield LLC DE owned approximately 0.54% of iShares Russell 2000 ETF worth $364,663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quaker Wealth Management LLC raised its stake in iShares Russell 2000 ETF by 211.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 120 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 228 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth about $28,000. Pingora Partners LLC purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter worth about $32,000. Beacon Capital Management Inc. acquired a new position in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $35,000. Finally, Pineridge Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 93.9% during the second quarter. Pineridge Advisors LLC now owns 190 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 92 shares during the period.

iShares Russell 2000 ETF Stock Performance

IWM stock opened at $269.79 on Friday. The company has a 50 day moving average price of $251.16 and a two-hundred day moving average price of $240.65. The stock has a market capitalization of $78.99 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a one year low of $171.73 and a one year high of $271.60.

About iShares Russell 2000 ETF

(Free Report)

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.

Featured Articles