JPMorgan Chase & Co. decreased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 17.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 434,327 shares of the company’s stock after selling 88,949 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Russell 2000 Value ETF were worth $76,794,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC bought a new position in iShares Russell 2000 Value ETF during the 3rd quarter valued at $45,000. Root Financial Partners LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at $53,000. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth $54,000. Cedar Mountain Advisors LLC raised its stake in shares of iShares Russell 2000 Value ETF by 222.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after buying an additional 216 shares in the last quarter. Finally, Semmax Financial Advisors Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 73.0% in the second quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock valued at $63,000 after buying an additional 165 shares during the period. 74.70% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell 2000 Value ETF Stock Down 1.5%
Shares of IWN stock opened at $185.67 on Thursday. The stock has a 50-day simple moving average of $195.44 and a 200 day simple moving average of $184.81. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $203.01. The stock has a market capitalization of $11.92 billion, a P/E ratio of 14.35 and a beta of 1.09.
iShares Russell 2000 Value ETF Company 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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