iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Xcel Wealth Management LLC

Xcel Wealth Management LLC reduced its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,578 shares of the exchange traded fund’s stock after selling 80 shares during the quarter. Xcel Wealth Management LLC’s holdings in iShares Russell 2000 ETF were worth $349,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $26,000. Centerpoint Advisors LLC grew its holdings in 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 buying an additional 125 shares in the last quarter. Cordant Inc. purchased a new stake in iShares Russell 2000 ETF in the 2nd quarter valued at $30,000. Atlanta Consulting Group Advisors LLC purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $32,000. Finally, 1832 Asset Management L.P. purchased a new stake in iShares Russell 2000 ETF in the 1st quarter valued at $33,000.

iShares Russell 2000 ETF Stock Performance

Shares of NYSEARCA IWM traded down $0.87 during mid-day trading on Tuesday, reaching $221.23. 9,497,598 shares of the company’s stock were exchanged, compared to its average volume of 32,408,877. iShares Russell 2000 ETF has a 52-week low of $161.67 and a 52-week high of $228.63. The company’s 50-day moving average is $217.24 and its 200-day moving average is $209.45.

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.