iShares Russell 2000 Value ETF $IWN Shares Sold by Jones Financial Companies Lllp

Jones Financial Companies Lllp reduced its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 87.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 270,078 shares of the company’s stock after selling 1,947,804 shares during the period. Jones Financial Companies Lllp’s holdings in iShares Russell 2000 Value ETF were worth $47,712,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. First Command Advisory Services Inc. purchased a new stake in iShares Russell 2000 Value ETF during the 2nd quarter worth $26,000. Cloud Capital Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the third quarter worth about $45,000. Root Financial Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter worth about $53,000. Cedar Mountain Advisors LLC boosted its position in shares of iShares Russell 2000 Value ETF by 222.7% in the third quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after buying an additional 216 shares during the period. Finally, Semmax Financial Advisors Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 73.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock valued at $63,000 after buying an additional 165 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 1.0%

IWN opened at $195.89 on Tuesday. The firm’s 50 day moving average is $187.83 and its 200-day moving average is $178.17. iShares Russell 2000 Value ETF has a 52-week low of $129.38 and a 52-week high of $200.74. The firm has a market capitalization of $12.78 billion, a P/E ratio of 14.35 and a beta of 1.09.

iShares Russell 2000 Value ETF Company 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.