Redmont Wealth Advisors LLC Reduces Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Redmont Wealth Advisors LLC lessened its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 40.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 1,824 shares of the exchange traded fund’s stock after selling 1,259 shares during the quarter. Redmont Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $384,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Evolution Wealth Advisors LLC lifted its position in iShares Russell 2000 ETF by 2.3% in the first quarter. Evolution Wealth Advisors LLC now owns 33,937 shares of the exchange traded fund’s stock valued at $7,137,000 after buying an additional 750 shares during the last quarter. Carret Asset Management LLC lifted its holdings in shares of iShares Russell 2000 ETF by 4.2% in the 1st quarter. Carret Asset Management LLC now owns 34,530 shares of the exchange traded fund’s stock worth $7,262,000 after acquiring an additional 1,381 shares during the last quarter. Integrity Wealth Solutions LLC purchased a new position in shares of iShares Russell 2000 ETF during the 1st quarter worth approximately $225,000. Summit Investment Advisory Services LLC increased its holdings in iShares Russell 2000 ETF by 5.3% in the 1st quarter. Summit Investment Advisory Services LLC now owns 2,229 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 113 shares during the last quarter. Finally, Saxon Interests Inc. raised its position in iShares Russell 2000 ETF by 1.9% in the first quarter. Saxon Interests Inc. now owns 12,636 shares of the exchange traded fund’s stock valued at $2,657,000 after purchasing an additional 233 shares during the period.

iShares Russell 2000 ETF Trading Down 0.0 %

Shares of IWM traded down $0.06 during midday trading on Wednesday, hitting $201.82. 15,167,150 shares of the stock were exchanged, compared to its average volume of 33,282,109. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $211.88. The stock has a fifty day simple moving average of $202.74 and a 200 day simple moving average of $200.89.

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.