Abbrea Capital LLC Reduces Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Abbrea Capital LLC trimmed its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 6.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,301 shares of the exchange traded fund’s stock after selling 232 shares during the quarter. Abbrea Capital LLC’s holdings in iShares Russell 2000 ETF were worth $670,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rafferty Asset Management LLC lifted its position in iShares Russell 2000 ETF by 84.1% during the 4th quarter. Rafferty Asset Management LLC now owns 8,584,687 shares of the exchange traded fund’s stock valued at $1,723,033,000 after acquiring an additional 3,921,131 shares during the period. Natixis bought a new position in shares of iShares Russell 2000 ETF in the first quarter worth approximately $441,651,000. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell 2000 ETF by 44.7% during the first quarter. JPMorgan Chase & Co. now owns 6,009,724 shares of the exchange traded fund’s stock valued at $1,263,845,000 after buying an additional 1,856,738 shares during the last quarter. Pathstone Holdings LLC bought a new stake in shares of iShares Russell 2000 ETF during the fourth quarter valued at approximately $184,171,000. Finally, IMC Chicago LLC purchased a new position in iShares Russell 2000 ETF in the 4th quarter worth approximately $170,162,000.

iShares Russell 2000 ETF Price Performance

iShares Russell 2000 ETF stock opened at $216.85 on Friday. iShares Russell 2000 ETF has a 12 month low of $161.67 and a 12 month high of $228.63. The stock has a fifty day simple moving average of $213.75 and a two-hundred day simple moving average of $206.68.

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.