Summit Wealth Partners LLC Sells 1,589 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Summit Wealth Partners LLC lessened its holdings in iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 33,963 shares of the exchange traded fund’s stock after selling 1,589 shares during the quarter. iShares Russell 2000 ETF comprises approximately 1.4% of Summit Wealth Partners LLC’s portfolio, making the stock its 19th largest holding. Summit Wealth Partners LLC’s holdings in iShares Russell 2000 ETF were worth $6,891,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC lifted its stake in iShares Russell 2000 ETF by 0.3% in the second quarter. NorthCrest Asset Manangement LLC now owns 18,080 shares of the exchange traded fund’s stock valued at $3,668,000 after acquiring an additional 46 shares during the last quarter. Continuum Advisory LLC lifted its stake in iShares Russell 2000 ETF by 0.4% in the 2nd quarter. Continuum Advisory LLC now owns 12,337 shares of the exchange traded fund’s stock valued at $2,503,000 after purchasing an additional 47 shares during the last quarter. Paragon Financial Partners Inc. grew its holdings in iShares Russell 2000 ETF by 3.2% during the second quarter. Paragon Financial Partners Inc. now owns 1,571 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 48 shares during the period. Obermeyer Wood Investment Counsel Lllp increased its position in iShares Russell 2000 ETF by 0.9% during the first quarter. Obermeyer Wood Investment Counsel Lllp now owns 5,623 shares of the exchange traded fund’s stock worth $1,183,000 after buying an additional 49 shares during the last quarter. Finally, Renasant Bank increased its position in iShares Russell 2000 ETF by 4.3% during the first quarter. Renasant Bank now owns 1,183 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 49 shares during the last quarter.

iShares Russell 2000 ETF Stock Down 1.4 %

IWM opened at $217.88 on Wednesday. iShares Russell 2000 ETF has a 12-month low of $161.67 and a 12-month high of $228.63. The business has a 50 day moving average of $215.10 and a 200-day moving average of $208.00.

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.