Summit Wealth Partners LLC Sells 1,589 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Summit Wealth Partners LLC lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,963 shares of the exchange traded fund’s stock after selling 1,589 shares during the quarter. iShares Russell 2000 ETF comprises 1.4% of Summit Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Summit Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $6,891,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ables Iannone Moore & Associates Inc. bought a new position in iShares Russell 2000 ETF in the 4th quarter worth $29,000. Centerpoint Advisors LLC lifted its position in shares of iShares Russell 2000 ETF by 625.0% during the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 125 shares during the last quarter. Scarborough Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $29,000. Cordant Inc. bought a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $30,000. Finally, Atlanta Consulting Group Advisors LLC bought a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $32,000.

iShares Russell 2000 ETF Trading Down 1.4 %

NYSEARCA IWM opened at $217.88 on Wednesday. iShares Russell 2000 ETF has a twelve month low of $161.67 and a twelve month high of $228.63. The firm has a 50-day simple moving average of $215.10 and a 200 day simple moving average of $208.00.

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.