iShares Russell 2000 ETF $IWM Shares Sold by Arvest Bank Trust Division

Arvest Bank Trust Division reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 287,563 shares of the exchange traded fund’s stock after selling 12,955 shares during the period. iShares Russell 2000 ETF accounts for approximately 3.9% of Arvest Bank Trust Division’s investment portfolio, making the stock its 4th biggest holding. Arvest Bank Trust Division’s holdings in iShares Russell 2000 ETF were worth $69,579,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IWM. Wealthcare Capital Partners LLC increased its position in iShares Russell 2000 ETF by 10.4% in the 3rd quarter. Wealthcare Capital Partners LLC now owns 1,553 shares of the exchange traded fund’s stock valued at $376,000 after acquiring an additional 146 shares during the period. Beta Wealth Group Inc. purchased a new position in shares of iShares Russell 2000 ETF in the 3rd quarter valued at approximately $649,000. Founders Financial Alliance LLC increased its holdings in shares of iShares Russell 2000 ETF by 36.9% in the third quarter. Founders Financial Alliance LLC now owns 516 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 139 shares during the period. Balentine LLC raised its stake in shares of iShares Russell 2000 ETF by 65.3% during the third quarter. Balentine LLC now owns 501 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 198 shares during the last quarter. Finally, Providence Financial Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter worth approximately $976,000.

iShares Russell 2000 ETF Price Performance

NYSEARCA:IWM opened at $262.96 on Tuesday. The firm has a market cap of $74.90 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. The firm’s fifty day moving average price is $258.07 and its 200 day moving average price is $245.74. iShares Russell 2000 ETF has a 1-year low of $171.73 and a 1-year 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.