Concourse Financial Group Securities Inc. Cuts Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Concourse Financial Group Securities Inc. cut its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,813 shares of the exchange traded fund’s stock after selling 1,017 shares during the period. Concourse Financial Group Securities Inc.’s holdings in iShares Russell 2000 ETF were worth $2,064,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWM. Morgan Stanley grew its holdings in shares of iShares Russell 2000 ETF by 34.8% in the third quarter. Morgan Stanley now owns 19,634,415 shares of the exchange traded fund’s stock valued at $3,470,187,000 after purchasing an additional 5,063,767 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of iShares Russell 2000 ETF by 104.5% in the 4th quarter. Private Advisor Group LLC now owns 193,264 shares of the exchange traded fund’s stock worth $38,786,000 after buying an additional 4,492,092 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of iShares Russell 2000 ETF by 20,707.4% in the 4th quarter. International Assets Investment Management LLC now owns 4,469,230 shares of the exchange traded fund’s stock worth $897,019,000 after buying an additional 4,447,751 shares during the last quarter. Rafferty Asset Management LLC raised its position in shares of iShares Russell 2000 ETF by 84.1% during the 4th quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after buying an additional 3,921,131 shares in the last quarter. Finally, Granite Bay Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 1,331.4% in the 4th quarter. Granite Bay Wealth Management LLC now owns 3,899,062 shares of the exchange traded fund’s stock valued at $782,581,000 after acquiring an additional 3,626,670 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 0.5 %

NYSEARCA IWM traded down $0.96 during trading hours on Friday, hitting $200.87. 17,282,455 shares of the company were exchanged, compared to its average volume of 23,054,456. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $211.88. The stock has a 50-day moving average price of $202.98 and a 200 day moving average price of $200.93.

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.