Optimum Investment Advisors Sells 98 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Optimum Investment Advisors decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.1% in the 4th quarter, HoldingsChannel reports. The fund owned 8,800 shares of the exchange traded fund’s stock after selling 98 shares during the period. iShares Russell 2000 ETF makes up about 0.9% of Optimum Investment Advisors’ investment portfolio, making the stock its 19th biggest holding. Optimum Investment Advisors’ holdings in iShares Russell 2000 ETF were worth $1,944,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at $4,672,147,000. JPMorgan Chase & Co. increased its holdings in iShares Russell 2000 ETF by 50.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after buying an additional 1,446,443 shares during the period. Wealthfront Advisers LLC raised its stake in shares of iShares Russell 2000 ETF by 45,890.5% in the 4th quarter. Wealthfront Advisers LLC now owns 1,394,893 shares of the exchange traded fund’s stock valued at $308,216,000 after buying an additional 1,391,860 shares in the last quarter. Strategic Financial Concepts LLC lifted its holdings in shares of iShares Russell 2000 ETF by 21,916.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock worth $163,016,000 after acquiring an additional 734,412 shares during the period. Finally, Redwood Investment Management LLC acquired a new stake in shares of iShares Russell 2000 ETF during the 3rd quarter valued at about $142,774,000.

iShares Russell 2000 ETF Stock Down 0.6 %

NYSEARCA IWM opened at $203.79 on Friday. iShares Russell 2000 ETF has a twelve month low of $191.34 and a twelve month high of $244.98. The stock has a market cap of $65.86 billion, a P/E ratio of 16.20 and a beta of 1.19. The company’s 50-day simple moving average is $218.17 and its 200 day simple moving average is $222.72.

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.