Archer Investment Corp Decreases Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Archer Investment Corp reduced its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,166 shares of the exchange traded fund’s stock after selling 615 shares during the period. iShares Russell 2000 ETF makes up about 1.2% of Archer Investment Corp’s investment portfolio, making the stock its 15th biggest holding. Archer Investment Corp’s holdings in iShares Russell 2000 ETF were worth $4,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in IWM. Ables Iannone Moore & Associates Inc. acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $29,000. Centerpoint Advisors LLC lifted its stake in shares of iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 125 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in iShares Russell 2000 ETF during the 4th quarter valued at approximately $29,000. Cordant Inc. acquired a new position in iShares Russell 2000 ETF during the 2nd quarter worth $30,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in iShares Russell 2000 ETF during the 1st quarter worth $32,000.

iShares Russell 2000 ETF Stock Performance

Shares of iShares Russell 2000 ETF stock opened at $213.41 on Wednesday. iShares Russell 2000 ETF has a 1 year low of $161.67 and a 1 year high of $228.63. The firm’s 50-day simple moving average is $212.27 and its 200-day simple moving average is $206.15.

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.