Oppenheimer Asset Management Inc. Decreases Stake in iShares Russell 2000 ETF $IWM

Oppenheimer Asset Management Inc. lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 81,596 shares of the exchange traded fund’s stock after selling 2,234 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $19,743,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Alpha Cubed Investments LLC bought a new position in iShares Russell 2000 ETF in the 2nd quarter valued at $234,000. New England Private Wealth Advisors LLC boosted its holdings in shares of iShares Russell 2000 ETF by 1.9% in the 2nd quarter. New England Private Wealth Advisors LLC now owns 29,016 shares of the exchange traded fund’s stock worth $6,429,000 after buying an additional 553 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in iShares Russell 2000 ETF by 1.1% during the third quarter. Citizens Financial Group Inc. RI now owns 386,528 shares of the exchange traded fund’s stock valued at $93,524,000 after buying an additional 4,061 shares during the period. Crown Wealth Group LLC purchased a new stake in iShares Russell 2000 ETF during the third quarter worth about $540,000. Finally, State of Wyoming increased its holdings in iShares Russell 2000 ETF by 241.9% during the third quarter. State of Wyoming now owns 5,300 shares of the exchange traded fund’s stock worth $1,282,000 after buying an additional 3,750 shares during the last quarter.

iShares Russell 2000 ETF Stock Up 3.6%

Shares of IWM stock opened at $265.02 on Monday. The firm has a market cap of $75.49 billion, a P/E ratio of 17.69 and a beta of 1.13. The company has a 50 day moving average of $256.28 and a 200-day moving average of $244.00. iShares Russell 2000 ETF has a 12-month low of $171.73 and a 12-month high of $271.60.

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