Salomon & Ludwin LLC Cuts Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Salomon & Ludwin LLC decreased its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 69,199 shares of the exchange traded fund’s stock after selling 5,417 shares during the quarter. iShares Russell 2000 ETF comprises approximately 1.6% of Salomon & Ludwin LLC’s portfolio, making the stock its 20th biggest holding. Salomon & Ludwin LLC’s holdings in iShares Russell 2000 ETF were worth $15,299,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new position in shares of iShares Russell 2000 ETF in the third quarter valued at $26,000. PSI Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 116.7% in the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 63 shares in the last quarter. Centerpoint Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 125 shares in the last quarter. Cordant Inc. purchased a new position in shares of iShares Russell 2000 ETF in the second quarter valued at $30,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM stock opened at $218.89 on Monday. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $228.63. The business has a fifty day simple moving average of $218.04 and a 200-day simple moving average of $209.88.

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.