Arbor Investment Advisors LLC Sells 427 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Arbor Investment Advisors LLC trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 0.8% during the third quarter, Holdings Channel.com reports. The fund owned 50,846 shares of the exchange traded fund’s stock after selling 427 shares during the quarter. iShares Russell 2000 ETF accounts for about 1.5% of Arbor Investment Advisors LLC’s holdings, making the stock its 15th biggest position. Arbor Investment Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $11,231,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Northwest Investment Counselors LLC acquired a new position in iShares Russell 2000 ETF during the 3rd quarter worth approximately $26,000. PSI Advisors LLC grew its stake in iShares Russell 2000 ETF by 116.7% during the third quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 63 shares in the last quarter. Centerpoint Advisors LLC raised its holdings in shares of iShares Russell 2000 ETF by 625.0% in the 2nd quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 125 shares in the last quarter. Cordant Inc. purchased a new stake in iShares Russell 2000 ETF during the second quarter valued at about $30,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new stake in shares of iShares Russell 2000 ETF in the 1st quarter valued at $32,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM stock traded up $3.65 during mid-day trading on Monday, reaching $222.54. The stock had a trading volume of 9,466,526 shares, compared to its average volume of 32,176,188. iShares Russell 2000 ETF has a 52-week low of $161.94 and a 52-week high of $228.63. The stock’s 50-day moving average price is $218.04 and its two-hundred day moving average price is $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.