Arbor Trust Wealth Advisors LLC Has $2.75 Million Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Arbor Trust Wealth Advisors LLC lowered its stake in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.2% in the fourth quarter, Holdings Channel reports. The firm owned 12,434 shares of the exchange traded fund’s stock after selling 282 shares during the period. iShares Russell 2000 ETF comprises about 1.3% of Arbor Trust Wealth Advisors LLC’s holdings, making the stock its 27th biggest position. Arbor Trust Wealth Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $2,747,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell 2000 ETF in the third quarter worth about $25,000. Northwest Investment Counselors LLC bought a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $26,000. PSI Advisors LLC lifted its holdings in shares of 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 worth $26,000 after buying an additional 63 shares during the last quarter. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Russell 2000 ETF during the third quarter worth approximately $31,000. Finally, Financial Management Professionals Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the fourth quarter worth $32,000.

iShares Russell 2000 ETF Stock Up 0.4 %

Shares of IWM stock opened at $225.46 on Friday. iShares Russell 2000 ETF has a 1 year low of $188.21 and a 1 year high of $244.98. The firm’s fifty day simple moving average is $229.92 and its 200 day simple moving average is $221.23.

About iShares Russell 2000 ETF

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.