Sequoia Financial Advisors LLC Has $12.30 Million Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Sequoia Financial Advisors LLC lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.3% during the fourth quarter, Holdings Channel reports. The fund owned 55,686 shares of the exchange traded fund’s stock after selling 3,147 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Russell 2000 ETF were worth $12,304,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in IWM. Legacy Investment Solutions LLC bought a new stake in iShares Russell 2000 ETF in the 3rd quarter valued at $25,000. Field & Main Bank bought a new stake in iShares Russell 2000 ETF in the 4th quarter valued at $27,000. Insight Inv LLC bought a new position in iShares Russell 2000 ETF during the 4th quarter worth $30,000. RPg Family Wealth Advisory LLC bought a new position in iShares Russell 2000 ETF during the 3rd quarter worth $31,000. Finally, Financial Management Professionals Inc. bought a new position in iShares Russell 2000 ETF during the 4th quarter worth $32,000.

iShares Russell 2000 ETF Price Performance

IWM stock opened at $201.10 on Thursday. The stock has a market capitalization of $64.41 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. The business’s fifty day moving average price is $220.74 and its two-hundred day moving average price is $223.44. iShares Russell 2000 ETF has a fifty-two week low of $191.34 and a fifty-two week high of $244.98.

About iShares Russell 2000 ETF

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.