M&T Bank Corp Lowers Stake in iShares Russell 2000 Value ETF $IWN

M&T Bank Corp cut its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.8% during the third quarter, HoldingsChannel reports. The firm owned 994,564 shares of the company’s stock after selling 17,985 shares during the period. M&T Bank Corp’s holdings in iShares Russell 2000 Value ETF were worth $175,849,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in IWN. First Horizon Corp acquired a new position in shares of iShares Russell 2000 Value ETF in the third quarter valued at approximately $9,463,000. CW Advisors LLC raised its stake in shares of iShares Russell 2000 Value ETF by 55.1% during the second quarter. CW Advisors LLC now owns 60,935 shares of the company’s stock worth $9,613,000 after purchasing an additional 21,648 shares during the last quarter. American Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth $598,000. Cresset Asset Management LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 18.3% during the second quarter. Cresset Asset Management LLC now owns 50,027 shares of the company’s stock worth $7,892,000 after purchasing an additional 7,749 shares during the period. Finally, American Trust purchased a new position in iShares Russell 2000 Value ETF in the 2nd quarter valued at $462,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $186.66 on Friday. The stock has a market capitalization of $11.98 billion, a P/E ratio of 14.35 and a beta of 1.09. The company’s fifty day moving average is $195.40 and its two-hundred day moving average is $184.46. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $203.01.

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.