Halbert Hargrove Global Advisors LLC Trims Holdings in iShares Russell 2000 ETF $IWM
by Kim Johansen · The Markets DailyHalbert Hargrove Global Advisors LLC trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM – Free Report) by 76.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,512 shares of the exchange traded fund’s stock after selling 283,145 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 1.0% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 13th largest holding. Halbert Hargrove Global Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $21,207,000 as of its most recent SEC filing.
A number of other large investors have also recently made changes to their positions in the stock. Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 ETF in the third quarter worth about $26,000. Acumen Wealth Advisors LLC bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at about $27,000. Measured Wealth Private Client Group LLC bought a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at about $28,000. Osbon Capital Management LLC purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $31,000. Finally, Columbia Asset Management purchased a new stake in iShares Russell 2000 ETF in the 4th quarter valued at about $32,000.
iShares Russell 2000 ETF Price Performance
Shares of IWM stock opened at $298.18 on Tuesday. The company has a market capitalization of $82.80 billion, a P/E ratio of 17.69 and a beta of 1.11. The company’s 50-day simple moving average is $282.55 and its two-hundred day simple moving average is $265.45. iShares Russell 2000 ETF has a one year low of $206.81 and a one year high of $299.49.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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