iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by Redmont Wealth Advisors LLC

Redmont Wealth Advisors LLC reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 50.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,818 shares of the company’s stock after selling 1,870 shares during the period. Redmont Wealth Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $298,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in IWN. Vaughan Nelson Investment Management L.P. lifted its stake in iShares Russell 2000 Value ETF by 1,457.3% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock valued at $111,012,000 after buying an additional 622,725 shares in the last quarter. Alaska Permanent Fund Corp raised its holdings 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 valued at $236,029,000 after acquiring an additional 564,826 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Value ETF in the second quarter valued at approximately $70,720,000. Bailard Inc. boosted its stake in shares of iShares Russell 2000 Value ETF by 789.1% in the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after acquiring an additional 449,917 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of iShares Russell 2000 Value ETF by 308.4% during the third quarter. BNP Paribas Financial Markets now owns 264,950 shares of the company’s stock worth $44,199,000 after purchasing an additional 200,069 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $167.76 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $144.75 and a fifty-two week high of $183.51. The stock’s fifty day moving average is $170.62 and its two-hundred day moving average is $166.89. The firm has a market capitalization of $12.83 billion, a P/E ratio of 10.79 and a beta of 1.17.

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.