Gridiron Partners LLC sold 33,818 shares of the iShares Russell 2000 ETF (IWM) in the fourth quarter, reducing its holding by 78.3% to 9,346 shares worth $2.3 million. This ETF represents 1.3% of their portfolio and is their 12th largest holding. Meanwhile, other institutional investors like JPMorgan Chase and Rafferty Asset Management increased their stakes significantly during the same period. The iShares Russell 2000 ETF tracks small-cap U.S. stocks and has a market cap of $69 billion with a recent trading range between $171.73 and $271.60. The shift by Gridiron Partners may reflect changing strategies or market views on small-cap stocks.
The Columbia Seligman Premium Technology Growth (STK) closed-end fund is trading at its widest discount to net asset value in over ten years, currently 7.9%, driven by recent tech sector volatility and profit-taking. Despite a market pause since mid-...
The iShares Russell 2000 ETF (IWM) charges a 0.19% expense ratio, significantly higher than similar ETFs like Vanguard's VTWO and iShares Core's IJR, which charge about a third of that. Beyond fees, IWM suffers from an annual drag due to the Russell ...
