First Horizon Advisors Inc. Lowers Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

First Horizon Advisors Inc. lowered its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.9% during the fourth quarter, HoldingsChannel reports. The firm owned 129,188 shares of the exchange traded fund’s stock after selling 3,859 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.9% of First Horizon Advisors Inc.’s portfolio, making the stock its 29th biggest holding. First Horizon Advisors Inc.’s holdings in iShares Russell 2000 ETF were worth $25,929,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Fisher Asset Management LLC increased its stake in iShares Russell 2000 ETF by 26.6% in the 4th quarter. Fisher Asset Management LLC now owns 6,414 shares of the exchange traded fund’s stock valued at $1,287,000 after buying an additional 1,346 shares during the period. Heritage Wealth Management LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth about $2,237,000. FFT Wealth Management LLC lifted its position in iShares Russell 2000 ETF by 1.0% in the fourth quarter. FFT Wealth Management LLC now owns 18,347 shares of the exchange traded fund’s stock valued at $3,682,000 after purchasing an additional 173 shares during the period. Fortitude Advisory Group L.L.C. acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at about $297,000. Finally, Summit Financial LLC boosted its holdings in iShares Russell 2000 ETF by 97.6% in the 4th quarter. Summit Financial LLC now owns 14,991 shares of the exchange traded fund’s stock valued at $3,009,000 after purchasing an additional 7,403 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock traded up $2.83 during trading hours on Thursday, reaching $199.14. 13,341,381 shares of the company’s stock were exchanged, compared to its average volume of 37,452,473. The company’s 50 day moving average is $202.35 and its two-hundred day moving average is $192.32. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $211.88.

iShares Russell 2000 ETF 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.