Buckingham Asset Management LLC trimmed its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 7.8% in the third quarter, Holdings Channel reports. The institutional investor owned 17,880 shares of the exchange traded fund’s stock after selling 1,505 shares during the period. Buckingham Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $3,014,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Palo Capital Inc. acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $120,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of iShares Russell 2000 ETF in the second quarter valued at approximately $118,000. Avestar Capital LLC lifted its position in shares of iShares Russell 2000 ETF by 70.4% in the second quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 300 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $125,000. Finally, Patton Albertson Miller Group LLC acquired a new stake in shares of iShares Russell 2000 ETF in the third quarter valued at approximately $109,000.
IWM opened at $154.64 on Wednesday. iShares Russell 2000 ETF has a 12-month low of $142.50 and a 12-month high of $173.39.
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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.
Further Reading: Understanding each part of a balance sheet
Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM).
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