Brookstone Capital Management Sells 12,115 Shares of iShares Russell 2000 ETF $IWM

Brookstone Capital Management cut its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 254,627 shares of the exchange traded fund’s stock after selling 12,115 shares during the period. iShares Russell 2000 ETF accounts for 0.7% of Brookstone Capital Management’s holdings, making the stock its 28th largest position. Brookstone Capital Management’s holdings in iShares Russell 2000 ETF were worth $63,147,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IWM. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $26,000. Acumen Wealth Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new stake in iShares Russell 2000 ETF during the 3rd quarter worth approximately $28,000. Osbon Capital Management LLC bought a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $31,000. Finally, Columbia Asset Management bought a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

IWM opened at $295.59 on Monday. iShares Russell 2000 ETF has a fifty-two week low of $206.81 and a fifty-two week high of $297.91. The company has a market capitalization of $82.09 billion, a P/E ratio of 17.69 and a beta of 1.11. The stock has a fifty day moving average of $281.83 and a 200-day moving average of $265.07.

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.