Diversified Enterprises LLC Reduces Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

Diversified Enterprises LLC decreased its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 95.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,118 shares of the exchange traded fund’s stock after selling 292,399 shares during the period. iShares Russell 2000 ETF accounts for 0.3% of Diversified Enterprises LLC’s holdings, making the stock its 28th largest position. Diversified Enterprises LLC’s holdings in iShares Russell 2000 ETF were worth $3,120,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Peoples Bank KS grew its stake in shares of iShares Russell 2000 ETF by 1.3% in the 4th quarter. Peoples Bank KS now owns 3,478 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 45 shares during the period. Transform Wealth LLC boosted its position in shares of iShares Russell 2000 ETF by 1.6% during the 4th quarter. Transform Wealth LLC now owns 2,841 shares of the exchange traded fund’s stock worth $628,000 after purchasing an additional 45 shares during the period. Walkner Condon Financial Advisors LLC lifted its holdings in iShares Russell 2000 ETF by 0.3% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 15,049 shares of the exchange traded fund’s stock worth $3,325,000 after buying an additional 45 shares in the last quarter. Anchor Investment Management LLC lifted its position in shares of iShares Russell 2000 ETF by 6.8% during the 3rd quarter. Anchor Investment Management LLC now owns 743 shares of the exchange traded fund’s stock worth $164,000 after purchasing an additional 47 shares during the last quarter. Finally, Xcel Wealth Management LLC lifted its position in shares of iShares Russell 2000 ETF by 3.1% during the 4th quarter. Xcel Wealth Management LLC now owns 1,627 shares of the exchange traded fund’s stock worth $360,000 after purchasing an additional 49 shares during the last quarter.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $202.89 on Friday. iShares Russell 2000 ETF has a 1-year low of $191.34 and a 1-year high of $244.98. The stock has a market cap of $64.99 billion, a PE ratio of 16.97 and a beta of 1.17. The firm has a fifty day moving average price of $219.85 and a 200 day moving average price of $223.14.

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.