Black Swift Group LLC Sells 15,670 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Black Swift Group LLC decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 77.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,500 shares of the exchange traded fund’s stock after selling 15,670 shares during the quarter. Black Swift Group LLC’s holdings in iShares Russell 2000 ETF were worth $994,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IWM. Proficio Capital Partners LLC bought a new stake in iShares Russell 2000 ETF during the 4th quarter valued at approximately $4,672,147,000. JPMorgan Chase & Co. boosted its stake in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock valued at $952,788,000 after purchasing an additional 1,446,443 shares during the period. Strategic Financial Concepts LLC boosted its stake in iShares Russell 2000 ETF by 21,916.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 737,763 shares of the exchange traded fund’s stock valued at $163,016,000 after purchasing an additional 734,412 shares during the period. Redwood Investment Management LLC bought a new stake in shares of iShares Russell 2000 ETF in the 3rd quarter worth approximately $142,774,000. Finally, Cibc World Market Inc. lifted its position in shares of iShares Russell 2000 ETF by 18.1% in the 4th quarter. Cibc World Market Inc. now owns 2,868,379 shares of the exchange traded fund’s stock worth $633,797,000 after acquiring an additional 440,218 shares during the period.

iShares Russell 2000 ETF Trading Up 1.0 %

Shares of IWM stock opened at $208.47 on Thursday. The stock has a 50 day moving average of $222.67 and a two-hundred day moving average of $223.89. iShares Russell 2000 ETF has a 12 month low of $191.34 and a 12 month high of $244.98. The company has a market capitalization of $66.77 billion, a P/E ratio of 16.97 and a beta of 1.17.

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.