iShares Russell 2000 Value ETF $IWN Shares Sold by SVB Wealth LLC

SVB Wealth LLC decreased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 14.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,683 shares of the company’s stock after selling 2,513 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,661,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ransom Advisory Ltd acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $37,000. Cloud Capital Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $45,000. Root Financial Partners LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $53,000. Finally, Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $54,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 0.2%

Shares of iShares Russell 2000 Value ETF stock opened at $211.20 on Tuesday. The stock has a market cap of $13.64 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The company has a fifty day simple moving average of $197.19 and a 200-day simple moving average of $190.59. iShares Russell 2000 Value ETF has a 12-month low of $146.90 and a 12-month high of $213.19.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.