iShares Russell 2000 Value ETF $IWN Shares Sold by SVB Wealth LLC

SVB Wealth LLC lowered its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,683 shares of the company’s stock after selling 2,513 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,661,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Pure Financial Advisors LLC grew its stake in shares of iShares Russell 2000 Value ETF by 8.7% during the fourth quarter. Pure Financial Advisors LLC now owns 141,735 shares of the company’s stock worth $25,684,000 after purchasing an additional 11,314 shares in the last quarter. NewEdge Wealth LLC grew its stake in shares of iShares Russell 2000 Value ETF by 89.4% during the fourth quarter. NewEdge Wealth LLC now owns 10,715 shares of the company’s stock worth $1,942,000 after purchasing an additional 5,059 shares in the last quarter. BHK Investment Advisors LLC grew its stake in shares of iShares Russell 2000 Value ETF by 7.1% during the fourth quarter. BHK Investment Advisors LLC now owns 12,892 shares of the company’s stock worth $2,336,000 after purchasing an additional 852 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $469,000. Finally, International Assets Investment Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $186,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 0.2%

Shares of iShares Russell 2000 Value ETF stock opened at $211.20 on Tuesday. The company has a fifty day simple moving average of $197.19 and a 200-day simple moving average of $190.59. iShares Russell 2000 Value ETF has a 12-month low of $146.90 and a 12-month high of $213.19. The stock has a market cap of $13.64 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

iShares Russell 2000 Value ETF Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.