Monroe Bank & Trust MI Has $6.87 Million Stake in iShares Russell 2000 ETF (IWM)

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Monroe Bank & Trust MI lowered its position in iShares Russell 2000 ETF (NYSEARCA:IWM) by 48.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,875 shares of the exchange traded fund’s stock after selling 42,832 shares during the period. iShares Russell 2000 ETF makes up about 2.2% of Monroe Bank & Trust MI’s portfolio, making the stock its 12th largest position. Monroe Bank & Trust MI’s holdings in iShares Russell 2000 ETF were worth $6,870,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Penobscot Investment Management Company Inc. boosted its stake in iShares Russell 2000 ETF by 4.5% in the 4th quarter. Penobscot Investment Management Company Inc. now owns 1,532 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 66 shares in the last quarter. V Wealth Advisors LLC boosted its stake in iShares Russell 2000 ETF by 3.9% in the 4th quarter. V Wealth Advisors LLC now owns 1,892 shares of the exchange traded fund’s stock worth $292,000 after purchasing an additional 71 shares in the last quarter. Old North State Trust LLC boosted its stake in iShares Russell 2000 ETF by 1.2% in the 4th quarter. Old North State Trust LLC now owns 6,101 shares of the exchange traded fund’s stock worth $816,000 after purchasing an additional 72 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in iShares Russell 2000 ETF by 27.2% in the 4th quarter. Delta Asset Management LLC TN now owns 341 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 73 shares in the last quarter. Finally, Managed Account Services Inc. boosted its stake in iShares Russell 2000 ETF by 1.0% in the 4th quarter. Managed Account Services Inc. now owns 7,906 shares of the exchange traded fund’s stock worth $1,165,000 after purchasing an additional 75 shares in the last quarter.

IWM stock opened at $151.78 on Tuesday. iShares Russell 2000 ETF has a 52 week low of $125.81 and a 52 week high of $173.39.

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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.

See Also: How to Invest in the Dividend Aristocrat Index

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

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