Cornerstone Wealth Group LLC Sells 28,772 Shares of iShares Russell 2000 ETF $IWM

Cornerstone Wealth Group LLC lowered its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 81.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,757 shares of the exchange traded fund’s stock after selling 28,772 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in iShares Russell 2000 ETF were worth $1,855,000 as of its most recent SEC filing.

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

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $299.83 on Friday. The firm has a market capitalization of $83.26 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $212.34 and a 1-year high of $301.50. The company has a 50-day moving average of $285.08 and a 200 day moving average of $266.66.

iShares Russell 2000 ETF Company 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.