Alerus Financial NA Sells 2,866 Shares of iShares Russell 2000 ETF (IWM)

Alerus Financial NA cut its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.2% during the 3rd quarter, Holdings Channel reports. The firm owned 226,795 shares of the exchange traded fund’s stock after selling 2,866 shares during the quarter. iShares Russell 2000 ETF comprises approximately 5.2% of Alerus Financial NA’s holdings, making the stock its 3rd biggest position. Alerus Financial NA’s holdings in iShares Russell 2000 ETF were worth $38,227,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWM. Patton Albertson Miller Group LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at about $109,000. Avestar Capital LLC increased its position in shares of iShares Russell 2000 ETF by 70.4% during the second quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock valued at $118,000 after buying an additional 300 shares during the period. Palo Capital Inc. bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at about $120,000. Truvestments Capital LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at about $125,000. Finally, Gemmer Asset Management LLC bought a new stake in shares of iShares Russell 2000 ETF during the third quarter valued at about $129,000.

Shares of IWM opened at $147.89 on Monday. iShares Russell 2000 ETF has a twelve month low of $142.50 and a twelve month high of $173.39.

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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.

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Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 ETF (NYSEARCA:IWM).

Institutional Ownership by Quarter for iShares Russell 2000 ETF (NYSEARCA:IWM)

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