Ameriprise Financial Inc. Lowers Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Ameriprise Financial Inc. trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 19.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,040,407 shares of the exchange traded fund’s stock after selling 253,555 shares during the period. Ameriprise Financial Inc. owned about 0.38% of iShares Russell 2000 ETF worth $185,690,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of IWM. Moneta Group Investment Advisors LLC raised its position in iShares Russell 2000 ETF by 113,180.6% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 334,806,395 shares of the exchange traded fund’s stock worth $58,376,843,000 after acquiring an additional 334,510,840 shares in the last quarter. Select Equity Group L.P. lifted its stake in shares of iShares Russell 2000 ETF by 100.0% in the fourth quarter. Select Equity Group L.P. now owns 2,081 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 10,769,881 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares Russell 2000 ETF by 293.7% during the first quarter. Envestnet Asset Management Inc. now owns 11,773,981 shares of the exchange traded fund’s stock worth $532,496,000 after buying an additional 8,783,166 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares Russell 2000 ETF by 254.6% during the first quarter. JPMorgan Chase & Co. now owns 9,618,012 shares of the exchange traded fund’s stock worth $1,715,853,000 after buying an additional 6,905,332 shares during the period. Finally, Twin Tree Management LP increased its holdings in iShares Russell 2000 ETF by 106.6% in the first quarter. Twin Tree Management LP now owns 328,020 shares of the exchange traded fund’s stock valued at $58,519,000 after buying an additional 5,281,906 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of NYSEARCA:IWM opened at $183.59 on Friday. The business’s 50 day simple moving average is $189.98 and its 200-day simple moving average is $182.69. iShares Russell 2000 ETF has a 12 month low of $162.50 and a 12 month high of $199.26.

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.