iShares Russell 2000 ETF (NYSEARCA:IWM) Shares Sold by Archer Investment Corp

Archer Investment Corp lessened its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 46.3% during the fourth quarter, HoldingsChannel reports. The fund owned 22,183 shares of the exchange traded fund’s stock after selling 19,150 shares during the period. iShares Russell 2000 ETF comprises approximately 1.4% of Archer Investment Corp’s investment portfolio, making the stock its 12th biggest holding. Archer Investment Corp’s holdings in iShares Russell 2000 ETF were worth $4,452,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWM. Baystate Wealth Management LLC increased its position in shares of iShares Russell 2000 ETF by 2.1% during the 4th quarter. Baystate Wealth Management LLC now owns 2,470 shares of the exchange traded fund’s stock valued at $496,000 after purchasing an additional 51 shares during the period. Grant Street Asset Management Inc. increased its position in shares of iShares Russell 2000 ETF by 4.4% during the 4th quarter. Grant Street Asset Management Inc. now owns 1,294 shares of the exchange traded fund’s stock valued at $260,000 after purchasing an additional 54 shares during the period. Rehmann Capital Advisory Group increased its position in shares of iShares Russell 2000 ETF by 0.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 17,630 shares of the exchange traded fund’s stock valued at $3,116,000 after purchasing an additional 57 shares during the period. Register Financial Advisors LLC increased its position in shares of iShares Russell 2000 ETF by 7.3% during the 3rd quarter. Register Financial Advisors LLC now owns 881 shares of the exchange traded fund’s stock valued at $156,000 after purchasing an additional 60 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of iShares Russell 2000 ETF by 1.7% during the 3rd quarter. Larson Financial Group LLC now owns 3,668 shares of the exchange traded fund’s stock worth $648,000 after acquiring an additional 60 shares in the last quarter.

iShares Russell 2000 ETF Stock Performance

Shares of IWM traded down $1.38 during trading hours on Wednesday, hitting $193.68. 27,676,876 shares of the company were exchanged, compared to its average volume of 38,337,418. The firm has a fifty day simple moving average of $203.00 and a 200-day simple moving average of $190.65. iShares Russell 2000 ETF has a one year low of $161.67 and a one year high of $211.88.

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.