SlateStone Wealth LLC Reduces Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

SlateStone Wealth LLC lessened its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,212 shares of the exchange traded fund’s stock after selling 84 shares during the quarter. SlateStone Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $1,239,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. Conquis Financial LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth about $30,000. Navigoe LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter worth about $33,000. Family Management Corp boosted its stake in iShares Russell 2000 ETF by 224.5% in the 4th quarter. Family Management Corp now owns 159 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 110 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in iShares Russell 2000 ETF by 18,000.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 181 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 180 shares during the last quarter. Finally, von Borstel & Associates Inc. acquired a new stake in iShares Russell 2000 ETF in the 1st quarter worth about $41,000.

iShares Russell 2000 ETF Trading Down 0.5%

Shares of NYSEARCA:IWM opened at $221.56 on Thursday. The stock’s 50-day moving average price is $215.32 and its two-hundred day moving average price is $210.13. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $244.98. The firm has a market cap of $64.21 billion, a price-to-earnings 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.