SVB Wealth LLC Has $2.45 Million Stock Holdings in iShares Russell 2000 Value ETF $IWN

SVB Wealth LLC trimmed its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 18.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,058 shares of the company’s stock after selling 2,505 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,446,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Operose Advisors LLC boosted its holdings in iShares Russell 2000 Value ETF by 2,071.4% in the fourth 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 acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $31,000. Nalls Sherbakoff Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $35,000. Bogart Wealth LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 219.3% during the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after acquiring an additional 125 shares in the last quarter. Finally, NBH Bank acquired a new position in shares of iShares Russell 2000 Value ETF during the second quarter worth approximately $40,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Down 1.0%

Shares of IWN opened at $220.48 on Thursday. iShares Russell 2000 Value ETF has a 12-month low of $168.75 and a 12-month high of $227.86. The business’s fifty day moving average is $223.00 and its 200 day moving average is $210.74. The stock has a market cap of $14.25 billion, a P/E ratio of 14.35 and a beta of 1.01.

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.