Franklin Parlapiano Turner & Welch LLC Sells 433 Shares of iShares Russell 2000 ETF (NYSEARCA:IWM)

Franklin Parlapiano Turner & Welch LLC lessened its position in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 15,547 shares of the exchange traded fund’s stock after selling 433 shares during the period. iShares Russell 2000 ETF makes up approximately 0.9% of Franklin Parlapiano Turner & Welch LLC’s holdings, making the stock its 27th largest holding. Franklin Parlapiano Turner & Welch LLC’s holdings in iShares Russell 2000 ETF were worth $3,435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in iShares Russell 2000 ETF in the 3rd quarter worth approximately $25,000. Northwest Investment Counselors LLC purchased a new stake in iShares Russell 2000 ETF during the 3rd quarter valued at $26,000. PSI Advisors LLC boosted its position in iShares Russell 2000 ETF by 116.7% during the 3rd quarter. PSI Advisors LLC now owns 117 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 63 shares during the period. Field & Main Bank purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $27,000. Finally, Insight Inv LLC purchased a new stake in iShares Russell 2000 ETF during the 4th quarter valued at $30,000.

iShares Russell 2000 ETF Price Performance

Shares of IWM opened at $226.23 on Thursday. iShares Russell 2000 ETF has a twelve month low of $190.06 and a twelve month high of $244.98. The firm has a fifty day simple moving average of $229.13 and a two-hundred day simple moving average of $222.64.

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.