iShares Russell 2000 Value ETF $IWN Stock Sold by Strategic Equity Management

Strategic Equity Management lowered its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 62.1% in the third quarter, Holdings Channel reports. The institutional investor owned 27,706 shares of the company’s stock after selling 45,429 shares during the period. iShares Russell 2000 Value ETF accounts for 5.0% of Strategic Equity Management’s holdings, making the stock its 9th biggest holding. Strategic Equity Management’s holdings in iShares Russell 2000 Value ETF were worth $5,803,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in IWN. International Assets Investment Management LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 107,180.4% in the third quarter. International Assets Investment Management LLC now owns 1,103,915 shares of the company’s stock valued at $219,000 after acquiring an additional 1,102,886 shares in the last quarter. Hsbc Holdings PLC increased its stake in shares of iShares Russell 2000 Value ETF by 1,784.5% during the first quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock worth $162,860,000 after acquiring an additional 813,425 shares during the period. Wellington Management Group LLP raised its holdings in iShares Russell 2000 Value ETF by 138.7% during the second quarter. Wellington Management Group LLP now owns 325,490 shares of the company’s stock worth $71,998,000 after purchasing an additional 189,108 shares in the last quarter. Fifth Third Bancorp raised its holdings in iShares Russell 2000 Value ETF by 115.9% during the first quarter. Fifth Third Bancorp now owns 182,001 shares of the company’s stock worth $34,506,000 after purchasing an additional 97,720 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in iShares Russell 2000 Value ETF by 38.1% during the first quarter. Bank of New York Mellon Corp now owns 284,106 shares of the company’s stock worth $53,864,000 after purchasing an additional 78,327 shares in the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 2.5%

Shares of NYSEARCA:IWN opened at $215.91 on Tuesday. The company has a market cap of $14.19 billion, a P/E ratio of 13.79 and a beta of 1.04. iShares Russell 2000 Value ETF has a 52 week low of $168.75 and a 52 week high of $227.86. The company has a 50-day moving average price of $214.65 and a 200 day moving average price of $209.95.

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.