Managed Account Services Inc. Sells 590 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Managed Account Services Inc. lessened its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 7.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 7,770 shares of the company’s stock after selling 590 shares during the period. Managed Account Services Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,288,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Morgan Stanley raised its position in iShares Russell 2000 Value ETF by 6.7% in the 1st quarter. Morgan Stanley now owns 8,077,696 shares of the company’s stock worth $1,288,151,000 after buying an additional 510,683 shares during the last quarter. TIAA FSB raised its holdings in shares of iShares Russell 2000 Value ETF by 19.8% during the 2nd quarter. TIAA FSB now owns 3,374,592 shares of the company’s stock worth $559,406,000 after acquiring an additional 556,720 shares in the last quarter. Richard Bernstein Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 8.0% during the 2nd quarter. Richard Bernstein Advisors LLC now owns 1,876,187 shares of the company’s stock valued at $311,015,000 after buying an additional 138,921 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares Russell 2000 Value ETF by 0.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,647,128 shares of the company’s stock valued at $273,044,000 after buying an additional 13,369 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in iShares Russell 2000 Value ETF by 134.2% in the first quarter. Ameriprise Financial Inc. now owns 1,442,388 shares of the company’s stock worth $230,096,000 after purchasing an additional 826,612 shares during the period.

iShares Russell 2000 Value ETF stock traded up $1.58 during midday trading on Wednesday, reaching $160.96. The company’s stock had a trading volume of 81,808 shares, compared to its average volume of 1,711,577. iShares Russell 2000 Value ETF has a 52-week low of $94.22 and a 52-week high of $174.59. The stock’s 50-day simple moving average is $160.51 and its 200-day simple moving average is $162.68.

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.

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Want to see what other hedge funds are holding IWN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Value ETF (NYSEARCA:IWN).

Institutional Ownership by Quarter for iShares Russell 2000 Value ETF (NYSEARCA:IWN)

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