Lowe Brockenbrough & Co. Inc. Sells 622 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Lowe Brockenbrough & Co. Inc. lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,725 shares of the company’s stock after selling 622 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell 2000 Value ETF were worth $2,089,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Prospera Financial Services Inc lifted its holdings in shares of iShares Russell 2000 Value ETF by 7.2% in the 3rd quarter. Prospera Financial Services Inc now owns 8,129 shares of the company’s stock worth $1,356,000 after acquiring an additional 549 shares during the last quarter. Segall Bryant & Hamill LLC raised its holdings in iShares Russell 2000 Value ETF by 28.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 31,491 shares of the company’s stock worth $5,253,000 after purchasing an additional 6,989 shares in the last quarter. Moran Wealth Management LLC bought a new stake in iShares Russell 2000 Value ETF during the 3rd quarter valued at approximately $219,000. Citizens Financial Group Inc. RI grew its stake in iShares Russell 2000 Value ETF by 119.5% in the third quarter. Citizens Financial Group Inc. RI now owns 10,396 shares of the company’s stock worth $1,734,000 after purchasing an additional 5,660 shares during the period. Finally, LPL Financial LLC increased its stake in shares of iShares Russell 2000 Value ETF by 23.4% in the 3rd quarter. LPL Financial LLC now owns 1,013,108 shares of the company’s stock worth $169,007,000 after acquiring an additional 192,439 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Down 0.5 %

Shares of IWN opened at $154.26 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The stock has a market cap of $11.18 billion, a P/E ratio of 13.92 and a beta of 1.18. The business’s 50 day moving average price is $162.56 and its 200-day moving average price is $166.67.

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.