Central Pacific Bank Trust Division Decreases Position in iShares Russell 2000 ETF $IWM

Central Pacific Bank Trust Division decreased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 12.6% in the fourth quarter, Holdings Channel reports. The firm owned 17,056 shares of the exchange traded fund’s stock after selling 2,470 shares during the period. Central Pacific Bank Trust Division’s holdings in iShares Russell 2000 ETF were worth $4,199,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 ETF in the third quarter valued at about $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter worth about $28,000. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter worth about $30,000. Pingora Partners LLC acquired a new position in shares of iShares Russell 2000 ETF during the second quarter valued at about $32,000. Finally, FWL Investment Management LLC raised its position in shares of iShares Russell 2000 ETF by 340.0% in the 3rd quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 102 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 2.2%

Shares of iShares Russell 2000 ETF stock opened at $242.22 on Friday. The company has a 50 day moving average price of $260.12 and a 200 day moving average price of $250.34. The firm has a market capitalization of $69.00 billion, a P/E ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60.

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.