Abundance Wealth Counselors Reduces Stock Position in iShares Russell 2000 ETF $IWM

Abundance Wealth Counselors trimmed its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 13.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,283 shares of the exchange traded fund’s stock after selling 2,293 shares during the period. iShares Russell 2000 ETF comprises approximately 0.6% of Abundance Wealth Counselors’ holdings, making the stock its 24th biggest holding. Abundance Wealth Counselors’ holdings in iShares Russell 2000 ETF were worth $3,762,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Moody Lynn & Lieberson LLC increased its stake in shares of iShares Russell 2000 ETF by 0.8% during the 4th quarter. Moody Lynn & Lieberson LLC now owns 5,103 shares of the exchange traded fund’s stock worth $1,256,000 after purchasing an additional 41 shares in the last quarter. Northern Financial Advisors Inc increased its stake in shares of iShares Russell 2000 ETF by 4.1% during the 3rd quarter. Northern Financial Advisors Inc now owns 1,144 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 45 shares in the last quarter. Punch & Associates Investment Management Inc. increased its stake in shares of iShares Russell 2000 ETF by 32.1% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 185 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 45 shares in the last quarter. Ameriflex Group Inc. increased its stake in shares of iShares Russell 2000 ETF by 8.1% during the 3rd quarter. Ameriflex Group Inc. now owns 642 shares of the exchange traded fund’s stock worth $155,000 after purchasing an additional 48 shares in the last quarter. Finally, Meridian Wealth Advisors LLC increased its stake in shares of iShares Russell 2000 ETF by 1.0% during the 3rd quarter. Meridian Wealth Advisors LLC now owns 4,849 shares of the exchange traded fund’s stock worth $1,173,000 after purchasing an additional 49 shares in the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $268.72 on Wednesday. The firm has a 50 day simple moving average of $256.38 and a 200-day simple moving average of $252.13. iShares Russell 2000 ETF has a 1-year low of $180.76 and a 1-year high of $271.60. The stock has a market cap of $75.20 billion, a price-to-earnings ratio of 17.69 and a beta of 1.09.

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.