SVB Wealth LLC Decreases Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

SVB Wealth LLC trimmed its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 22.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 111,892 shares of the company’s stock after selling 31,470 shares during the quarter. SVB Wealth LLC owned approximately 0.15% of iShares Russell 2000 Value ETF worth $17,041,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. TIAA Trust National Association lifted its stake in iShares Russell 2000 Value ETF by 1.9% in the second quarter. TIAA Trust National Association now owns 2,634,629 shares of the company’s stock valued at $398,785,000 after purchasing an additional 49,241 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Russell 2000 Value ETF by 4.2% during the 4th quarter. Jones Financial Companies Lllp now owns 2,266,973 shares of the company’s stock valued at $352,129,000 after buying an additional 91,132 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of iShares Russell 2000 Value ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 1,168,911 shares of the company’s stock worth $181,567,000 after acquiring an additional 123,628 shares during the period. D.A. Davidson & CO. grew its stake in shares of iShares Russell 2000 Value ETF by 1.7% during the 2nd quarter. D.A. Davidson & CO. now owns 1,034,129 shares of the company’s stock worth $157,498,000 after acquiring an additional 17,193 shares during the period. Finally, US Bancorp DE increased its holdings in iShares Russell 2000 Value ETF by 3.3% in the 1st quarter. US Bancorp DE now owns 714,255 shares of the company’s stock worth $113,431,000 after acquiring an additional 23,054 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN traded down $2.59 during trading on Friday, hitting $159.29. 1,634,412 shares of the company’s stock traded hands, compared to its average volume of 1,246,577. The stock has a market capitalization of $12.19 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12-month low of $124.97 and a 12-month high of $174.83. The business has a 50 day moving average of $161.55 and a 200-day moving average of $156.03.

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.