AMG National Trust Bank Cuts Stock Holdings in iShares Russell 2000 ETF $IWM

AMG National Trust Bank lessened its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.2% in the third quarter, HoldingsChannel reports. The fund owned 828,158 shares of the exchange traded fund’s stock after selling 10,108 shares during the quarter. iShares Russell 2000 ETF makes up approximately 4.9% of AMG National Trust Bank’s holdings, making the stock its 3rd largest holding. AMG National Trust Bank’s holdings in iShares Russell 2000 ETF were worth $200,381,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Northern Financial Advisors Inc grew its position in iShares Russell 2000 ETF by 4.1% in the 3rd quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 45 shares during the period. Northeast Financial Group Inc. raised its holdings in iShares Russell 2000 ETF by 354.5% during the third quarter. Northeast Financial Group Inc. now owns 44,293 shares of the exchange traded fund’s stock worth $10,717,000 after buying an additional 61,700 shares during the last quarter. Clear Creek Financial Management LLC lifted its stake in shares of iShares Russell 2000 ETF by 5.2% in the third quarter. Clear Creek Financial Management LLC now owns 31,250 shares of the exchange traded fund’s stock valued at $7,561,000 after buying an additional 1,532 shares in the last quarter. Compass Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at about $229,000. Finally, Wealth Alliance LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter valued at about $1,279,000.

iShares Russell 2000 ETF Price Performance

IWM opened at $264.61 on Friday. iShares Russell 2000 ETF has a fifty-two week low of $171.73 and a fifty-two week high of $271.60. The firm has a market capitalization of $75.37 billion, a PE ratio of 17.69 and a beta of 1.13. The company’s 50-day moving average is $258.84 and its 200 day moving average is $246.65.

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