RDA Financial Network Cuts Stock Position in iShares Russell 2000 ETF (NYSEARCA:IWM)

RDA Financial Network decreased its holdings in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 9.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,952 shares of the exchange traded fund’s stock after selling 303 shares during the period. RDA Financial Network’s holdings in iShares Russell 2000 ETF were worth $652,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Centerpoint Advisors LLC boosted its position in shares of iShares Russell 2000 ETF by 625.0% in the second quarter. Centerpoint Advisors LLC now owns 145 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 125 shares during the period. Scarborough Advisors LLC acquired a new stake in iShares Russell 2000 ETF in the fourth quarter valued at approximately $29,000. Cordant Inc. purchased a new stake in shares of iShares Russell 2000 ETF during the second quarter valued at approximately $30,000. Atlanta Consulting Group Advisors LLC acquired a new position in shares of iShares Russell 2000 ETF during the first quarter worth $32,000. Finally, 1832 Asset Management L.P. purchased a new position in shares of iShares Russell 2000 ETF in the first quarter valued at $33,000.

iShares Russell 2000 ETF Price Performance

IWM traded up $1.06 during trading hours on Tuesday, reaching $223.95. 20,835,342 shares of the stock traded hands, compared to its average volume of 32,697,607. iShares Russell 2000 ETF has a fifty-two week low of $161.67 and a fifty-two week high of $228.63. The firm’s fifty day simple moving average is $215.26 and its two-hundred day simple moving average is $208.81.

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.