MMA Asset Management LLC Lowers Stock Position in iShares Russell 2000 Value ETF $IWN

MMA Asset Management LLC cut its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 38.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,145 shares of the company’s stock after selling 3,207 shares during the period. MMA Asset Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $910,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. First Command Advisory Services Inc. bought a new stake in iShares Russell 2000 Value ETF during the 2nd quarter valued at $26,000. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth $45,000. Root Financial Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth $53,000. Cedar Mountain Advisors LLC boosted its position in iShares Russell 2000 Value ETF by 222.7% during the third quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock valued at $55,000 after purchasing an additional 216 shares in the last quarter. Finally, Semmax Financial Advisors Inc. boosted its position in iShares Russell 2000 Value ETF by 73.0% during the second quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock valued at $63,000 after purchasing an additional 165 shares in the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of iShares Russell 2000 Value ETF stock opened at $200.31 on Friday. The company has a market capitalization of $12.86 billion, a PE ratio of 14.35 and a beta of 1.09. The company has a 50-day simple moving average of $189.13 and a two-hundred day simple moving average of $178.91. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $200.91.

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.