Wilbanks Smith & Thomas Asset Management LLC Reduces Holdings in iShares Russell 2000 Index (IWM)

Wilbanks Smith & Thomas Asset Management LLC cut its holdings in iShares Russell 2000 Index (NYSE:IWM) by 0.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,853 shares of the exchange traded fund’s stock after selling 473 shares during the quarter. iShares Russell 2000 Index comprises about 1.4% of Wilbanks Smith & Thomas Asset Management LLC’s investment portfolio, making the stock its 15th biggest holding. Wilbanks Smith & Thomas Asset Management LLC’s holdings in iShares Russell 2000 Index were worth $15,903,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Fiduciary Trust Co. raised its position in iShares Russell 2000 Index by 25.9% in the second quarter. Fiduciary Trust Co. now owns 42,667 shares of the exchange traded fund’s stock worth $6,013,000 after acquiring an additional 8,784 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its position in iShares Russell 2000 Index by 3.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 211,766 shares of the exchange traded fund’s stock worth $29,842,000 after acquiring an additional 7,905 shares in the last quarter. Synovus Financial Corp raised its position in iShares Russell 2000 Index by 6.1% in the second quarter. Synovus Financial Corp now owns 89,519 shares of the exchange traded fund’s stock worth $12,608,000 after acquiring an additional 5,119 shares in the last quarter. First Trust Advisors LP raised its position in iShares Russell 2000 Index by 61.6% in the second quarter. First Trust Advisors LP now owns 21,422 shares of the exchange traded fund’s stock worth $3,019,000 after acquiring an additional 8,164 shares in the last quarter. Finally, Commerce Bank raised its position in iShares Russell 2000 Index by 1.1% in the second quarter. Commerce Bank now owns 574,989 shares of the exchange traded fund’s stock worth $81,027,000 after acquiring an additional 5,981 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: This story was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://www.com-unik.info/2017/10/10/wilbanks-smith-thomas-asset-management-llc-reduces-holdings-in-ishares-russell-2000-index-iwm.html.

Shares of iShares Russell 2000 Index (IWM) traded up 0.09% during midday trading on Tuesday, reaching $149.57. 11,612,975 shares of the company’s stock traded hands. iShares Russell 2000 Index has a 52-week low of $114.88 and a 52-week high of $150.68. The stock’s 50 day moving average price is $142.59 and its 200 day moving average price is $139.85.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 27th were paid a dividend of $0.3485 per share. This represents a $1.39 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Tuesday, September 26th.

iShares Russell 2000 Index 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.

Want to see what other hedge funds are holding IWM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Index (NYSE:IWM).

Institutional Ownership by Quarter for iShares Russell 2000 Index (NYSE:IWM)

What are top analysts saying about iShares Russell 2000 Index? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for iShares Russell 2000 Index and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit