iShares Russell 2000 ETF (NYSEARCA:IWM) Stake Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. decreased its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,709,463 shares of the exchange traded fund’s stock after selling 138,565 shares during the period. Envestnet Asset Management Inc. owned 0.53% of iShares Russell 2000 ETF worth $377,723,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in IWM. Legacy Investment Solutions LLC acquired a new position in iShares Russell 2000 ETF during the 3rd quarter valued at about $25,000. Field & Main Bank bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $27,000. Atala Financial Inc acquired a new position in shares of iShares Russell 2000 ETF during the fourth quarter worth approximately $27,000. Insight Inv LLC bought a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $30,000. Finally, Conquis Financial LLC acquired a new stake in iShares Russell 2000 ETF in the 4th quarter valued at approximately $30,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $181.19 on Friday. iShares Russell 2000 ETF has a 1 year low of $176.67 and a 1 year high of $244.98. The firm has a market capitalization of $58.01 billion, a PE ratio of 15.93 and a beta of 1.12. The stock has a fifty day moving average of $213.12 and a two-hundred day moving average of $221.85.

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.