Chevy Chase Trust Holdings LLC Cuts Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Chevy Chase Trust Holdings LLC lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,984 shares of the exchange traded fund’s stock after selling 260 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in iShares Russell 2000 ETF were worth $1,194,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of iShares Russell 2000 ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 87,732 shares of the exchange traded fund’s stock valued at $19,385,000 after acquiring an additional 2,221 shares in the last quarter. Revolve Wealth Partners LLC grew its position in iShares Russell 2000 ETF by 13.2% during the 4th 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. Principal Financial Group Inc. grew its position in iShares Russell 2000 ETF by 57.0% during the 4th quarter. Principal Financial Group Inc. now owns 26,183 shares of the exchange traded fund’s stock valued at $5,785,000 after purchasing an additional 9,508 shares during the last quarter. NewEdge Wealth LLC increased its stake in iShares Russell 2000 ETF by 43.9% during the 4th quarter. NewEdge Wealth LLC now owns 21,862 shares of the exchange traded fund’s stock valued at $4,831,000 after purchasing an additional 6,670 shares in the last quarter. Finally, Kovack Advisors Inc. raised its holdings in iShares Russell 2000 ETF by 1.8% in the fourth quarter. Kovack Advisors Inc. now owns 3,471 shares of the exchange traded fund’s stock worth $767,000 after buying an additional 60 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA IWM opened at $215.48 on Friday. The firm’s 50 day moving average price is $204.91 and its 200-day moving average price is $210.52. iShares Russell 2000 ETF has a 52-week low of $171.73 and a 52-week high of $244.98. The company has a market cap of $63.93 billion, a PE ratio of 17.69 and a beta of 1.15.

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.