Sandy Spring Bank Sells 468 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Sandy Spring Bank lessened its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,584 shares of the company’s stock after selling 468 shares during the quarter. Sandy Spring Bank’s holdings in iShares Russell 2000 Value ETF were worth $1,573,000 as of its most recent filing with the Securities & Exchange Commission.

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

iShares Russell 2000 Value ETF Trading Down 0.5 %

Shares of NYSEARCA:IWN opened at $154.26 on Friday. The stock’s 50-day moving average price is $162.56 and its 200-day moving average price is $166.67. iShares Russell 2000 Value ETF has a 12-month low of $145.71 and a 12-month high of $183.51. The stock has a market capitalization of $11.18 billion, a P/E ratio of 13.92 and a beta of 1.18.

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.