NewFocus Financial Group LLC Sells 404 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

NewFocus Financial Group LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 16.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,993 shares of the exchange traded fund’s stock after selling 404 shares during the quarter. NewFocus Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWM. Dividend Assets Capital LLC bought a new stake in shares of iShares Russell 2000 ETF in the 2nd quarter worth $31,000. Truvestments Capital LLC bought a new stake in shares of iShares Russell 2000 ETF in the 1st quarter worth $37,000. Financial Gravity Wealth Inc. bought a new stake in shares of iShares Russell 2000 ETF in the 1st quarter worth $42,000. Stone House Investment Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the 1st quarter worth $43,000. Finally, Founders Capital Management purchased a new position in shares of iShares Russell 2000 ETF in the 1st quarter worth about $43,000.

Shares of NYSEARCA:IWM opened at $153.14 on Friday. The business has a 50-day moving average of $154.87. iShares Russell 2000 ETF has a fifty-two week low of $125.81 and a fifty-two week high of $173.39.

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.

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Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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