DAVENPORT & Co LLC Sells 339,478 Shares of iShares Russell 2000 ETF $IWM

DAVENPORT & Co LLC reduced its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 94.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,513 shares of the exchange traded fund’s stock after selling 339,478 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell 2000 ETF were worth $4,557,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CTC LLC increased its position in iShares Russell 2000 ETF by 102.5% during the 3rd quarter. CTC LLC now owns 339,320 shares of the exchange traded fund’s stock worth $82,102,000 after buying an additional 13,804,173 shares during the period. Holocene Advisors LP bought a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at about $1,230,003,000. Durable Capital Partners LP boosted its position in shares of iShares Russell 2000 ETF by 105.5% in the second quarter. Durable Capital Partners LP now owns 2,596,668 shares of the exchange traded fund’s stock valued at $560,335,000 after acquiring an additional 1,333,316 shares during the period. Varma Mutual Pension Insurance Co grew its stake in shares of iShares Russell 2000 ETF by 926.9% in the third quarter. Varma Mutual Pension Insurance Co now owns 1,458,061 shares of the exchange traded fund’s stock valued at $352,792,000 after acquiring an additional 1,316,074 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of iShares Russell 2000 ETF in the third quarter valued at about $225,507,000.

iShares Russell 2000 ETF Stock Performance

NYSEARCA:IWM opened at $243.10 on Friday. iShares Russell 2000 ETF has a 52 week low of $171.73 and a 52 week high of $271.60. The firm’s 50-day simple moving average is $258.55 and its 200 day simple moving average is $250.75. The firm has a market cap of $69.25 billion, a price-to-earnings ratio of 17.69 and a beta of 1.13.

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.