Bank of New York Mellon Corp Decreases Stock Holdings in iShares Russell 2000 Value ETF $IWN

Bank of New York Mellon Corp lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 221,460 shares of the company’s stock after selling 14,059 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Russell 2000 Value ETF were worth $34,938,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in IWN. Dravo Bay LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 20.0% in the 2nd quarter. Dravo Bay LLC now owns 4,687 shares of the company’s stock valued at $739,000 after buying an additional 782 shares in the last quarter. Partners in Financial Planning acquired a new position in shares of iShares Russell 2000 Value ETF during the second quarter worth $200,000. Assetmark Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 32.0% during the 2nd quarter. Assetmark Inc. now owns 3,547 shares of the company’s stock valued at $560,000 after purchasing an additional 859 shares during the last quarter. Daymark Wealth Partners LLC boosted its position in shares of iShares Russell 2000 Value ETF by 8.1% in the 2nd quarter. Daymark Wealth Partners LLC now owns 3,727 shares of the company’s stock worth $588,000 after purchasing an additional 279 shares in the last quarter. Finally, Zhang Financial LLC grew its stake in iShares Russell 2000 Value ETF by 1.7% during the 2nd quarter. Zhang Financial LLC now owns 105,009 shares of the company’s stock worth $16,566,000 after buying an additional 1,755 shares during the last quarter. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $174.41 on Friday. The business’s 50-day moving average is $177.25 and its 200 day moving average is $165.51. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51. The firm has a market capitalization of $11.42 billion, a P/E ratio of 14.35 and a beta of 1.09.

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.