Focus Financial Network Inc. Sells 1,705 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Focus Financial Network Inc. decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 18.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 7,631 shares of the exchange traded fund’s stock after selling 1,705 shares during the period. Focus Financial Network Inc.’s holdings in iShares Russell 2000 ETF were worth $1,696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. purchased a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth about $29,000. Scarborough Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 4th quarter valued at $29,000. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 1st quarter valued at $32,000. 1832 Asset Management L.P. bought a new stake in shares of iShares Russell 2000 ETF during the 1st quarter worth $33,000. Finally, Kessler Investment Group LLC purchased a new position in iShares Russell 2000 ETF in the first quarter worth $35,000.

iShares Russell 2000 ETF Trading Up 0.4 %

NYSEARCA IWM traded up $0.89 during trading hours on Wednesday, reaching $213.58. 8,993,229 shares of the stock traded hands, compared to its average volume of 34,324,840. The stock has a 50 day simple moving average of $208.87 and a two-hundred day simple moving average of $204.73. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $228.63.

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.