JNBA Financial Advisors Cuts Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

JNBA Financial Advisors lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,566 shares of the exchange traded fund’s stock after selling 94 shares during the period. JNBA Financial Advisors’ holdings in iShares Russell 2000 ETF were worth $567,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IWM. GSA Capital Partners LLP acquired a new stake in iShares Russell 2000 ETF in the 1st quarter valued at about $490,000. Csenge Advisory Group raised its holdings in iShares Russell 2000 ETF by 6.3% in the first quarter. Csenge Advisory Group now owns 4,048 shares of the exchange traded fund’s stock valued at $851,000 after acquiring an additional 241 shares in the last quarter. Gallacher Capital Management LLC purchased a new position in iShares Russell 2000 ETF in the first quarter worth approximately $227,000. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Russell 2000 ETF by 1.3% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,028,009 shares of the exchange traded fund’s stock worth $216,190,000 after acquiring an additional 13,439 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in iShares Russell 2000 ETF during the 1st quarter worth approximately $2,568,000.

iShares Russell 2000 ETF Stock Performance

Shares of IWM opened at $237.23 on Thursday. The firm’s fifty day simple moving average is $219.05 and its 200-day simple moving average is $211.30. iShares Russell 2000 ETF has a twelve month low of $166.79 and a twelve month high of $237.58.

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.