Nicholas Investment Partners LP Decreases Stock Holdings in iShares Russell 2000 ETF $IWM

by · The Markets Daily

Nicholas Investment Partners LP trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWMFree Report) by 77.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,122 shares of the exchange traded fund’s stock after selling 17,762 shares during the quarter. Nicholas Investment Partners LP’s holdings in iShares Russell 2000 ETF were worth $1,261,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Investment Counsel Co. of Nevada purchased a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at approximately $26,000. Acumen Wealth Advisors LLC bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $27,000. Measured Wealth Private Client Group LLC bought a new position in iShares Russell 2000 ETF during the third quarter valued at $28,000. Abich Financial Wealth Management LLC bought a new position in iShares Russell 2000 ETF during the third quarter valued at $30,000. Finally, Columbia Asset Management bought a new position in iShares Russell 2000 ETF during the fourth quarter valued at $32,000.

iShares Russell 2000 ETF Trading Up 0.9%

Shares of NYSEARCA IWM opened at $292.95 on Friday. The stock has a fifty day simple moving average of $277.84 and a two-hundred day simple moving average of $263.26. iShares Russell 2000 ETF has a 1-year low of $206.81 and a 1-year high of $295.72. The firm has a market cap of $81.35 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11.

iShares Russell 2000 ETF Company Profile

(Free Report)

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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