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

Modera Wealth Management LLC trimmed its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.7% during the first quarter, Holdings Channel reports. The institutional investor owned 130,686 shares of the company’s stock after selling 2,285 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $24,777,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Ransom Advisory Ltd purchased a new position in iShares Russell 2000 Value ETF in the fourth quarter worth approximately $26,000. Operose Advisors LLC grew its holdings in iShares Russell 2000 Value ETF by 2,071.4% during the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after acquiring an additional 145 shares in the last quarter. Strive Financial Group LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $31,000. Bogart Wealth LLC increased its position in shares of iShares Russell 2000 Value ETF by 219.3% in the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after purchasing an additional 125 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $35,000. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Trading Down 0.8%

iShares Russell 2000 Value ETF stock opened at $222.34 on Friday. The stock has a market cap of $14.44 billion, a P/E ratio of 14.35 and a beta of 1.01. The company has a fifty day simple moving average of $215.57 and a 200-day simple moving average of $202.70. iShares Russell 2000 Value ETF has a 12-month low of $155.54 and a 12-month high of $224.42.

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.