iShares Russell 2000 ETF $IWM Stock: Parisi Gray Wealth Management Trims Position

Parisi Gray Wealth Management lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 42.4% during the third quarter, Holdings Channel reports. The fund owned 19,071 shares of the exchange traded fund’s stock after selling 14,057 shares during the quarter. iShares Russell 2000 ETF comprises 1.1% of Parisi Gray Wealth Management’s portfolio, making the stock its 26th biggest holding. Parisi Gray Wealth Management’s holdings in iShares Russell 2000 ETF were worth $5,300,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in IWM. Rogco LP acquired a new position in iShares Russell 2000 ETF in the 2nd quarter valued at about $25,000. Montgomery Financial Services LLC purchased a new position in iShares Russell 2000 ETF in the 2nd quarter valued at about $30,000. Osbon Capital Management LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter valued at about $31,000. Tower View Wealth Management LLC purchased a new position in iShares Russell 2000 ETF in the 1st quarter valued at about $32,000. Finally, Evolution Wealth Management Inc. boosted its stake in shares of iShares Russell 2000 ETF by 3,525.0% during the 1st quarter. Evolution Wealth Management Inc. now owns 145 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 141 shares during the last quarter.

iShares Russell 2000 ETF Trading Down 1.7%

Shares of iShares Russell 2000 ETF stock traded down $4.64 during mid-day trading on Friday, hitting $270.44. 33,833,487 shares of the stock were exchanged, compared to its average volume of 30,970,568. The stock has a market capitalization of $75.37 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13. iShares Russell 2000 ETF has a twelve month low of $228.90 and a twelve month high of $305.18. The company has a 50-day simple moving average of $288.96 and a 200 day simple moving average of $286.05.

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.