Commonwealth Financial Services LLC Cuts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Commonwealth Financial Services LLC decreased its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 19.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,333 shares of the exchange traded fund’s stock after selling 12,730 shares during the period. iShares Russell 2000 ETF makes up approximately 2.3% of Commonwealth Financial Services LLC’s holdings, making the stock its 12th largest holding. Commonwealth Financial Services LLC’s holdings in iShares Russell 2000 ETF were worth $10,990,000 at the end of the most recent reporting period.

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

iShares Russell 2000 ETF Trading Down 1.1 %

Shares of NYSEARCA:IWM opened at $221.57 on Monday. The company’s fifty day moving average is $215.18 and its 200 day moving average is $207.27. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $228.63.

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.