Herbst Group LLC Has $935,000 Stake in iShares Russell 2000 ETF $IWM

Herbst Group LLC trimmed its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 70.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,113 shares of the exchange traded fund’s stock after selling 7,261 shares during the period. Herbst Group LLC’s holdings in iShares Russell 2000 ETF were worth $935,000 at the end of the most recent reporting period.

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

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $301.56 on Monday. The firm has a fifty day moving average of $294.09 and a two-hundred day moving average of $275.48. The firm has a market capitalization of $83.00 billion, a P/E ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 12-month low of $219.74 and a 12-month high of $303.06.

iShares Russell 2000 ETF Company 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.