BIP Wealth LLC Sells 3,654 Shares of iShares Russell 2000 ETF $IWM

BIP Wealth LLC lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,236 shares of the exchange traded fund’s stock after selling 3,654 shares during the quarter. iShares Russell 2000 ETF accounts for approximately 0.8% of BIP Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. BIP Wealth LLC’s holdings in iShares Russell 2000 ETF were worth $22,951,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Moody Lynn & Lieberson LLC increased its holdings in iShares Russell 2000 ETF by 0.8% during the fourth quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after buying an additional 41 shares during the last quarter. Northern Financial Advisors Inc increased its holdings in iShares Russell 2000 ETF by 4.1% during the third quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after buying an additional 45 shares during the last quarter. Punch & Associates Investment Management Inc. increased its holdings in iShares Russell 2000 ETF by 32.1% during the third quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 45 shares during the last quarter. Ameriflex Group Inc. increased its holdings in iShares Russell 2000 ETF by 8.1% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock worth $155,000 after buying an additional 48 shares during the last quarter. Finally, Meridian Wealth Advisors LLC increased its holdings in iShares Russell 2000 ETF by 1.0% during the third quarter. Meridian Wealth Advisors LLC now owns 4,849 shares of the exchange traded fund’s stock worth $1,173,000 after buying an additional 49 shares during the last quarter.

iShares Russell 2000 ETF Trading Up 0.2%

Shares of IWM opened at $252.91 on Wednesday. The company has a market cap of $72.77 billion, a price-to-earnings ratio of 17.69 and a beta of 1.11. iShares Russell 2000 ETF has a 1-year low of $171.74 and a 1-year high of $271.60. The company’s fifty day simple moving average is $256.26 and its 200 day simple moving average is $251.38.

iShares Russell 2000 ETF 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.