Mittelman Wealth Management Sells 4,431 Shares of iShares Russell 2000 ETF $IWM

Mittelman Wealth Management trimmed its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 45.1% in the 1st quarter, HoldingsChannel reports. The firm owned 5,401 shares of the exchange traded fund’s stock after selling 4,431 shares during the quarter. iShares Russell 2000 ETF accounts for 0.8% of Mittelman Wealth Management’s portfolio, making the stock its 22nd biggest position. Mittelman Wealth Management’s holdings in iShares Russell 2000 ETF were worth $1,340,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Acumen Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the 4th quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $28,000. Osbon Capital Management LLC purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth $31,000. FWL Investment Management LLC grew its stake in iShares Russell 2000 ETF by 340.0% in the third quarter. FWL Investment Management LLC now owns 132 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 102 shares during the period. Finally, Columbia Asset Management purchased a new stake in iShares Russell 2000 ETF in the fourth quarter worth $32,000.

iShares Russell 2000 ETF Trading Up 0.6%

IWM opened at $292.91 on Tuesday. The company has a market cap of $80.62 billion, a price-to-earnings ratio of 17.69 and a beta of 1.10. The stock has a fifty day simple moving average of $292.20 and a two-hundred day simple moving average of $273.33. 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.