Sunburst Financial Group LLC Cuts Stake in iShares Russell 2000 ETF (NYSEARCA:IWM)

Sunburst Financial Group LLC lowered its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,736 shares of the exchange traded fund’s stock after selling 218 shares during the quarter. iShares Russell 2000 ETF accounts for 2.4% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 11th largest holding. Sunburst Financial Group LLC’s holdings in iShares Russell 2000 ETF were worth $2,806,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Costello Asset Management INC purchased a new position in iShares Russell 2000 ETF during the 2nd quarter worth $29,000. Larson Financial Group LLC increased its holdings in shares of iShares Russell 2000 ETF by 309.9% in the 2nd quarter. Larson Financial Group LLC now owns 4,124 shares of the exchange traded fund’s stock valued at $590,000 after purchasing an additional 3,118 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of iShares Russell 2000 ETF by 499.4% in the 2nd quarter. IFP Advisors Inc now owns 43,471 shares of the exchange traded fund’s stock valued at $6,130,000 after purchasing an additional 36,218 shares in the last quarter. StoneX Group Inc. increased its holdings in shares of iShares Russell 2000 ETF by 26.2% in the 2nd quarter. StoneX Group Inc. now owns 3,454 shares of the exchange traded fund’s stock valued at $495,000 after purchasing an additional 717 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares Russell 2000 ETF by 14.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,740,739 shares of the exchange traded fund’s stock valued at $249,240,000 after purchasing an additional 220,474 shares in the last quarter.

Shares of IWM opened at $162.35 on Friday. The company has a 50-day simple moving average of $153.92 and a 200-day simple moving average of $141.68. iShares Russell 2000 ETF has a 52-week low of $95.69 and a 52-week high of $170.56.

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.

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

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