Evercore Wealth Management LLC Trims Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Evercore Wealth Management LLC reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,534 shares of the company’s stock after selling 200 shares during the quarter. Evercore Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in IWN. WealthPlan Investment Management LLC purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth about $1,009,000. Janney Montgomery Scott LLC lifted its position in iShares Russell 2000 Value ETF by 6.0% during the third quarter. Janney Montgomery Scott LLC now owns 25,331 shares of the company’s stock worth $3,434,000 after buying an additional 1,424 shares during the period. Charles Schwab Investment Management Inc. purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth about $78,291,000. HighTower Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 1.0% during the third quarter. HighTower Advisors LLC now owns 221,890 shares of the company’s stock worth $30,084,000 after buying an additional 2,177 shares during the period. Finally, Blair William & Co. IL lifted its position in iShares Russell 2000 Value ETF by 12.8% during the third quarter. Blair William & Co. IL now owns 52,798 shares of the company’s stock worth $7,157,000 after buying an additional 5,993 shares during the period.

iShares Russell 2000 Value ETF Trading Down 1.1 %

Shares of iShares Russell 2000 Value ETF stock traded down $1.67 during trading hours on Friday, reaching $151.82. The stock had a trading volume of 352,414 shares, compared to its average volume of 1,262,397. The firm has a 50 day simple moving average of $153.64 and a two-hundred day simple moving average of $151.55. The firm has a market capitalization of $11.61 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1 year low of $124.97 and a 1 year high of $159.85.

iShares Russell 2000 Value ETF 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.