Brendel Financial Advisors LLC Sells 129 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Brendel Financial Advisors LLC cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,473 shares of the exchange traded fund’s stock after selling 129 shares during the period. Brendel Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $767,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWM. NorthCrest Asset Manangement LLC raised its position in iShares Russell 2000 ETF by 0.3% during the 2nd quarter. NorthCrest Asset Manangement LLC now owns 18,080 shares of the exchange traded fund’s stock worth $3,668,000 after purchasing an additional 46 shares during the last quarter. Continuum Advisory LLC raised its position in iShares Russell 2000 ETF by 0.4% during the 2nd quarter. Continuum Advisory LLC now owns 12,337 shares of the exchange traded fund’s stock worth $2,503,000 after purchasing an additional 47 shares during the last quarter. Paragon Financial Partners Inc. raised its position in iShares Russell 2000 ETF by 3.2% during the 2nd quarter. Paragon Financial Partners Inc. now owns 1,571 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 48 shares during the last quarter. Obermeyer Wood Investment Counsel Lllp raised its position in iShares Russell 2000 ETF by 0.9% during the 1st quarter. Obermeyer Wood Investment Counsel Lllp now owns 5,623 shares of the exchange traded fund’s stock worth $1,183,000 after purchasing an additional 49 shares during the last quarter. Finally, Renasant Bank raised its position in iShares Russell 2000 ETF by 4.3% during the 1st quarter. Renasant Bank now owns 1,183 shares of the exchange traded fund’s stock worth $249,000 after purchasing an additional 49 shares during the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock traded down $1.39 during mid-day trading on Thursday, hitting $216.67. The company’s stock had a trading volume of 14,136,474 shares, compared to its average volume of 32,838,465. The company’s fifty day simple moving average is $214.59 and its 200-day simple moving average is $208.53. iShares Russell 2000 ETF has a 52 week low of $161.67 and a 52 week high of $228.63.

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.