Dumont & Blake Investment Advisors LLC Trims Stock Holdings in iShares Russell 2000 ETF $IWM

Dumont & Blake Investment Advisors LLC lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 29,015 shares of the exchange traded fund’s stock after selling 1,746 shares during the quarter. iShares Russell 2000 ETF makes up 1.8% of Dumont & Blake Investment Advisors LLC’s portfolio, making the stock its 9th largest holding. Dumont & Blake Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $7,196,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. DSG Capital Advisors LLC acquired a new position in iShares Russell 2000 ETF in the fourth quarter worth approximately $1,354,000. Horizon Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at $22,859,000. Westwood Wealth Management acquired a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $820,000. Apollon Wealth Management LLC boosted its stake in shares of iShares Russell 2000 ETF by 26.4% during the 4th quarter. Apollon Wealth Management LLC now owns 14,877 shares of the exchange traded fund’s stock worth $3,662,000 after acquiring an additional 3,107 shares in the last quarter. Finally, Gryphon Financial Partners LLC boosted its stake in shares of iShares Russell 2000 ETF by 62.7% during the 4th quarter. Gryphon Financial Partners LLC now owns 12,180 shares of the exchange traded fund’s stock worth $2,998,000 after acquiring an additional 4,696 shares in the last quarter.

iShares Russell 2000 ETF Stock Up 0.3%

Shares of iShares Russell 2000 ETF stock opened at $299.68 on Tuesday. The stock’s fifty day moving average is $287.47 and its 200-day moving average is $268.35. The firm has a market capitalization of $83.28 billion, a PE ratio of 17.69 and a beta of 1.10. iShares Russell 2000 ETF has a 12-month low of $212.34 and a 12-month high of $302.72.

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.