iShares Russell 2000 Value ETF (NYSEARCA:IWN) Position Reduced by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC lowered its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,971 shares of the company’s stock after selling 3,722 shares during the quarter. iShares Russell 2000 Value ETF makes up approximately 3.3% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 12th biggest position. Pacific Life Fund Advisors LLC owned about 0.28% of iShares Russell 2000 Value ETF worth $32,588,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lynx Investment Advisory bought a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at about $26,000. Clearstead Trust LLC raised its position in shares of iShares Russell 2000 Value ETF by 75.9% in the 1st quarter. Clearstead Trust LLC now owns 241 shares of the company’s stock worth $38,000 after acquiring an additional 104 shares in the last quarter. Triad Wealth Partners LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter worth $38,000. LifeSteps Financial Inc. bought a new stake in shares of iShares Russell 2000 Value ETF in the 1st quarter worth $40,000. Finally, Tidemark LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $46,000.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN traded down $1.00 during trading hours on Thursday, hitting $161.68. The company had a trading volume of 659,079 shares, compared to its average volume of 1,242,279. The firm has a 50 day simple moving average of $161.19 and a 200 day simple moving average of $155.94. iShares Russell 2000 Value ETF has a 52 week low of $124.97 and a 52 week high of $174.83. The firm has a market capitalization of $12.37 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

About iShares Russell 2000 Value ETF

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.