Oppenheimer Asset Management Inc. Decreases Holdings in iShares Russell 2000 ETF (IWM)

Oppenheimer Asset Management Inc. reduced its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 3.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,025 shares of the exchange traded fund’s stock after selling 773 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares Russell 2000 ETF were worth $4,049,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Patton Albertson Miller Group LLC purchased a new position in shares of iShares Russell 2000 ETF in the third quarter valued at $109,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares Russell 2000 ETF in the second quarter valued at $118,000. Avestar Capital LLC boosted its stake in shares of iShares Russell 2000 ETF by 70.4% in the second quarter. Avestar Capital LLC now owns 726 shares of the exchange traded fund’s stock valued at $118,000 after purchasing an additional 300 shares during the period. Palo Capital Inc. purchased a new position in shares of iShares Russell 2000 ETF in the third quarter valued at $120,000. Finally, Truvestments Capital LLC purchased a new position in shares of iShares Russell 2000 ETF in the third quarter valued at $125,000.

Shares of IWM stock opened at $149.73 on Wednesday. iShares Russell 2000 ETF has a twelve month low of $142.50 and a twelve month high of $173.39.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 2nd. Stockholders of record on Thursday, September 27th were paid a $0.4504 dividend. The ex-dividend date of this dividend was Wednesday, September 26th. This represents a $1.80 annualized dividend and a dividend yield of 1.20%.

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.

See Also: Stop Order

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

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