Advisor Resource Council Reduces Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Advisor Resource Council reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 41.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,724 shares of the exchange traded fund’s stock after selling 19,224 shares during the quarter. iShares Russell 2000 ETF accounts for about 2.2% of Advisor Resource Council’s investment portfolio, making the stock its 6th biggest holding. Advisor Resource Council’s holdings in iShares Russell 2000 ETF were worth $5,400,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Lee Johnson Capital Management LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter worth $16,756,000. Fluent Financial LLC increased its holdings in iShares Russell 2000 ETF by 22.5% in the 1st quarter. Fluent Financial LLC now owns 44,085 shares of the exchange traded fund’s stock worth $9,271,000 after buying an additional 8,108 shares in the last quarter. Meadow Creek Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF in the 1st quarter worth about $408,000. Lake Street Private Wealth LLC raised its position in iShares Russell 2000 ETF by 24.7% in the 1st quarter. Lake Street Private Wealth LLC now owns 2,775 shares of the exchange traded fund’s stock worth $584,000 after buying an additional 550 shares during the last quarter. Finally, TCP Asset Management LLC lifted its stake in iShares Russell 2000 ETF by 25.2% during the 1st quarter. TCP Asset Management LLC now owns 1,373 shares of the exchange traded fund’s stock valued at $289,000 after acquiring an additional 276 shares during the period.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock traded down $0.06 during trading hours on Thursday, reaching $201.82. The company had a trading volume of 15,167,150 shares, compared to its average volume of 24,198,252. The business has a fifty day moving average price of $202.74 and a 200-day moving average price of $200.89. iShares Russell 2000 ETF has a one year low of $161.67 and a one year high of $211.88.

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.