Legacy Wealth Management Inc Lowers Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Legacy Wealth Management Inc reduced its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,095 shares of the exchange traded fund’s stock after selling 206 shares during the quarter. iShares Russell 2000 ETF comprises approximately 0.8% of Legacy Wealth Management Inc’s holdings, making the stock its 14th largest position. Legacy Wealth Management Inc’s holdings in iShares Russell 2000 ETF were worth $13,058,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell 2000 ETF in the third quarter worth about $25,000. Northwest Investment Counselors LLC bought a new stake in iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. PSI Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 63 shares in the last quarter. RPg Family Wealth Advisory LLC bought a new position in shares of iShares Russell 2000 ETF during the 3rd quarter valued at approximately $31,000. Finally, Financial Management Professionals Inc. purchased a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $228.69 on Friday. The company’s fifty day moving average is $229.25 and its 200 day moving average is $222.16. iShares Russell 2000 ETF has a fifty-two week low of $190.06 and a fifty-two week high of $244.98.

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.