Modern Wealth Management LLC Cuts Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Modern Wealth Management LLC trimmed its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,398 shares of the company’s stock after selling 236 shares during the period. Modern Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,575,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Segall Bryant & Hamill LLC raised its stake in iShares Russell 2000 Value ETF by 5.2% during the fourth quarter. Segall Bryant & Hamill LLC now owns 33,123 shares of the company’s stock valued at $5,438,000 after buying an additional 1,632 shares during the last quarter. CoreFirst Bank & Trust bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $86,000. Simplex Trading LLC raised its position in shares of iShares Russell 2000 Value ETF by 47.1% in the 4th quarter. Simplex Trading LLC now owns 5,238 shares of the company’s stock worth $859,000 after purchasing an additional 1,678 shares during the last quarter. Quantbot Technologies LP bought a new position in iShares Russell 2000 Value ETF in the 4th quarter worth about $1,145,000. Finally, Whittier Trust Co. of Nevada Inc. grew its position in iShares Russell 2000 Value ETF by 3.4% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 172,646 shares of the company’s stock valued at $28,343,000 after purchasing an additional 5,732 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of iShares Russell 2000 Value ETF stock opened at $155.26 on Wednesday. The company has a 50-day simple moving average of $162.18 and a two-hundred day simple moving average of $166.55. The stock has a market capitalization of $11.35 billion, a PE ratio of 13.99 and a beta of 1.18. iShares Russell 2000 Value ETF has a 52-week low of $145.71 and a 52-week high of $183.51.

About iShares Russell 2000 Value ETF

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.