Berkshire Money Management Inc. Cuts Stock Holdings in iShares Russell 2000 ETF $IWM

Berkshire Money Management Inc. reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 94.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,444 shares of the exchange traded fund’s stock after selling 88,539 shares during the period. Berkshire Money Management Inc.’s holdings in iShares Russell 2000 ETF were worth $1,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF during the 2nd quarter worth about $28,000. Financial Network Wealth Advisors LLC acquired a new position in iShares Russell 2000 ETF in the 1st quarter worth about $29,000. Brooklyn Investment Group acquired a new position in iShares Russell 2000 ETF in the 1st quarter worth about $30,000. Proathlete Wealth Management LLC purchased a new position in iShares Russell 2000 ETF during the second quarter worth approximately $30,000. Finally, 1 North Wealth Services LLC acquired a new stake in iShares Russell 2000 ETF in the first quarter valued at approximately $34,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $245.83 on Monday. The stock has a market capitalization of $70.91 billion, a PE ratio of 17.69 and a beta of 1.15. The business has a 50 day simple moving average of $233.01 and a 200-day simple moving average of $215.01. iShares Russell 2000 ETF has a 12 month low of $171.73 and a 12 month high of $248.09.

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.