iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. cut its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 28.2% during the third quarter, HoldingsChannel reports. The fund owned 318,300 shares of the company’s stock after selling 124,900 shares during the period. Victory Capital Management Inc.’s holdings in iShares Russell 2000 Value ETF were worth $53,099,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Strategic Financial Concepts LLC grew its position in shares of iShares Russell 2000 Value ETF by 18,036.2% during the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after buying an additional 828,944 shares in the last quarter. Alaska Permanent Fund Corp grew its stake in shares of iShares Russell 2000 Value ETF by 66.4% during the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after purchasing an additional 564,826 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in iShares Russell 2000 Value ETF in the second quarter valued at $70,720,000. Bailard Inc. raised its stake in iShares Russell 2000 Value ETF by 789.1% in the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock valued at $84,567,000 after buying an additional 449,917 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in iShares Russell 2000 Value ETF during the 1st quarter worth about $26,071,000.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $174.32 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $135.83 and a 1 year high of $181.50. The stock has a market cap of $13.34 billion, a P/E ratio of 10.79 and a beta of 1.17. The stock has a 50-day simple moving average of $166.86 and a 200-day simple moving average of $160.89.

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.