Modera Wealth Management LLC Cuts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Modera Wealth Management LLC decreased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 180,579 shares of the exchange traded fund’s stock after selling 2,793 shares during the quarter. Modera Wealth Management LLC owned about 0.06% of iShares Russell 2000 ETF worth $36,024,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Itau Unibanco Holding S.A. purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $27,631,000. Nuveen Asset Management LLC increased its position in shares of iShares Russell 2000 ETF by 66.9% in the fourth quarter. Nuveen Asset Management LLC now owns 10,980 shares of the exchange traded fund’s stock valued at $2,426,000 after buying an additional 4,400 shares in the last quarter. Corebridge Financial Inc. increased its position in shares of iShares Russell 2000 ETF by 16.4% in the fourth quarter. Corebridge Financial Inc. now owns 7,100 shares of the exchange traded fund’s stock valued at $1,569,000 after buying an additional 1,000 shares in the last quarter. Legal & General Group Plc increased its position in shares of iShares Russell 2000 ETF by 20.2% in the fourth quarter. Legal & General Group Plc now owns 3,272 shares of the exchange traded fund’s stock valued at $723,000 after buying an additional 550 shares in the last quarter. Finally, NSI Retail Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 71.5% in the fourth quarter. NSI Retail Advisors LLC now owns 225,300 shares of the exchange traded fund’s stock valued at $49,782,000 after buying an additional 93,900 shares in the last quarter.

iShares Russell 2000 ETF Stock Down 0.6%

Shares of IWM stock opened at $222.69 on Wednesday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $244.98. The stock has a market cap of $64.54 billion, a P/E ratio of 17.69 and a beta of 1.15. The business has a fifty day simple moving average of $214.95 and a 200-day simple moving average of $210.05.

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.