Occidental Asset Management LLC boosted its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 4.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,941 shares of the exchange traded fund’s stock after purchasing an additional 181 shares during the quarter. Occidental Asset Management LLC’s holdings in iShares Russell 2000 ETF were worth $613,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in IWM. Dividend Assets Capital LLC bought a new position in iShares Russell 2000 ETF during the second quarter valued at $31,000. Truvestments Capital LLC bought a new position in iShares Russell 2000 ETF during the first quarter valued at $37,000. Financial Gravity Wealth Inc. bought a new position in iShares Russell 2000 ETF during the first quarter valued at $42,000. Founders Capital Management bought a new position in iShares Russell 2000 ETF during the first quarter valued at $43,000. Finally, New Capital Management LP bought a new position in iShares Russell 2000 ETF during the first quarter valued at $46,000.
IWM stock traded down $0.85 during mid-day trading on Thursday, reaching $145.22. 2,731,440 shares of the stock traded hands, compared to its average volume of 20,491,223. The company has a 50-day simple moving average of $154.11. iShares Russell 2000 ETF has a one year low of $125.81 and a one year high of $173.39.
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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