iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by United Asset Strategies Inc.

United Asset Strategies Inc. trimmed its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 10.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,686 shares of the company’s stock after selling 1,511 shares during the quarter. United Asset Strategies Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,971,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Moneta Group Investment Advisors LLC grew its stake in iShares Russell 2000 Value ETF by 100,352.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 73,502,207 shares of the company’s stock worth $10,192,551,000 after buying an additional 73,429,036 shares during the period. TIAA Trust National Association acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at $337,567,000. Jane Street Group LLC boosted its position in iShares Russell 2000 Value ETF by 136.7% during the 2nd quarter. Jane Street Group LLC now owns 212,000 shares of the company’s stock worth $28,864,000 after purchasing an additional 789,244 shares during the period. Starboard Value LP increased its holdings in iShares Russell 2000 Value ETF by 350.0% in the 4th quarter. Starboard Value LP now owns 900,000 shares of the company’s stock valued at $124,803,000 after purchasing an additional 700,000 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in iShares Russell 2000 Value ETF by 71.4% in the first quarter. JPMorgan Chase & Co. now owns 1,481,007 shares of the company’s stock valued at $202,927,000 after purchasing an additional 617,023 shares during the period.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock traded down $0.87 during trading hours on Tuesday, reaching $147.73. The company had a trading volume of 309,069 shares, compared to its average volume of 1,322,678. The company has a market capitalization of $11.65 billion, a P/E ratio of 10.81 and a beta of 1.18. iShares Russell 2000 Value ETF has a twelve month low of $124.97 and a twelve month high of $159.81. The stock’s fifty day simple moving average is $152.87 and its 200 day simple moving average is $145.79.

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.