Linscomb Wealth Inc. Lowers Holdings in iShares Russell 2000 ETF $IWM

by · The Cerbat Gem

Linscomb Wealth Inc. trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,295 shares of the exchange traded fund’s stock after selling 83 shares during the quarter. Linscomb Wealth Inc.’s holdings in iShares Russell 2000 ETF were worth $711,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in IWM. Brighton Jones LLC boosted its holdings in iShares Russell 2000 ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after purchasing an additional 2,221 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in iShares Russell 2000 ETF by 13.2% in the fourth quarter. Revolve Wealth Partners LLC now owns 12,233 shares of the exchange traded fund’s stock valued at $2,703,000 after purchasing an additional 1,431 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 2.7% during the 1st quarter. Golden State Wealth Management LLC now owns 2,289 shares of the exchange traded fund’s stock worth $457,000 after acquiring an additional 60 shares in the last quarter. Rossby Financial LCC purchased a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth about $56,000. Finally, Capital Investment Counsel Inc boosted its stake in shares of iShares Russell 2000 ETF by 72.9% during the 1st quarter. Capital Investment Counsel Inc now owns 771 shares of the exchange traded fund’s stock worth $154,000 after acquiring an additional 325 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.6%

IWM stock opened at $246.23 on Friday. The company’s 50-day simple moving average is $241.91 and its 200-day simple moving average is $222.25. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $252.77. The firm has a market cap of $68.72 billion, a P/E ratio of 17.69 and a beta of 1.13.

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.

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