iShares Russell 2000 Value ETF $IWN Stock Sold by Moneywise Inc.

Moneywise Inc. decreased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 89.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,159 shares of the company’s stock after selling 35,964 shares during the quarter. Moneywise Inc.’s holdings in iShares Russell 2000 Value ETF were worth $871,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of IWN. Magnus Financial Group LLC increased its stake in iShares Russell 2000 Value ETF by 1.4% in the third quarter. Magnus Financial Group LLC now owns 3,525 shares of the company’s stock valued at $738,000 after purchasing an additional 50 shares during the period. Diversified Management Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 3.8% in the third quarter. Diversified Management Inc. now owns 1,464 shares of the company’s stock valued at $307,000 after buying an additional 54 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 2.3% in the first quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock valued at $460,000 after buying an additional 55 shares during the last quarter. Cedar Mountain Advisors LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 17.9% during the first quarter. Cedar Mountain Advisors LLC now owns 369 shares of the company’s stock worth $70,000 after buying an additional 56 shares during the period. Finally, MCF Advisors LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 39.9% during the second quarter. MCF Advisors LLC now owns 228 shares of the company’s stock worth $50,000 after buying an additional 65 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $214.97 on Wednesday. iShares Russell 2000 Value ETF has a fifty-two week low of $168.75 and a fifty-two week high of $227.86. The firm has a 50-day simple moving average of $215.46 and a 200-day simple moving average of $209.58. The company has a market capitalization of $14.10 billion, a price-to-earnings ratio of 13.79 and a beta of 1.04.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.