Dravo Bay LLC Sells 313 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Dravo Bay LLC reduced its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,420 shares of the company’s stock after selling 313 shares during the quarter. Dravo Bay LLC’s holdings in iShares Russell 2000 Value ETF were worth $726,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IWN. Creative Financial Designs Inc. ADV grew its stake in shares of iShares Russell 2000 Value ETF by 153.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 579 shares of the company’s stock worth $97,000 after acquiring an additional 351 shares during the period. Farther Finance Advisors LLC grew its stake in shares of iShares Russell 2000 Value ETF by 191.2% in the third quarter. Farther Finance Advisors LLC now owns 4,411 shares of the company’s stock worth $736,000 after acquiring an additional 2,896 shares during the period. Chicago Partners Investment Group LLC grew its stake in shares of iShares Russell 2000 Value ETF by 2.6% in the third quarter. Chicago Partners Investment Group LLC now owns 3,449 shares of the company’s stock worth $570,000 after acquiring an additional 87 shares during the period. Princeton Global Asset Management LLC grew its stake in shares of iShares Russell 2000 Value ETF by 3,760.0% in the third quarter. Princeton Global Asset Management LLC now owns 772 shares of the company’s stock worth $129,000 after acquiring an additional 752 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of iShares Russell 2000 Value ETF by 8.1% in the third quarter. Janney Montgomery Scott LLC now owns 19,421 shares of the company’s stock worth $3,240,000 after acquiring an additional 1,451 shares during the period.

iShares Russell 2000 Value ETF Stock Down 2.1 %

Shares of IWN stock opened at $157.72 on Tuesday. The company has a 50 day moving average price of $165.46 and a 200-day moving average price of $167.73. The firm has a market capitalization of $11.59 billion, a PE ratio of 14.54 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51.

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.