SVB Wealth LLC Sells 8,339 Shares of iShares Russell 2000 Value ETF $IWN

SVB Wealth LLC trimmed its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 32.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,196 shares of the company’s stock after selling 8,339 shares during the period. SVB Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $3,040,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Gladstone Institutional Advisory LLC grew its position in shares of iShares Russell 2000 Value ETF by 1.6% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,761 shares of the company’s stock valued at $665,000 after purchasing an additional 61 shares during the period. Cornerstone Wealth Management LLC raised its holdings in iShares Russell 2000 Value ETF by 0.8% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 8,063 shares of the company’s stock worth $1,426,000 after buying an additional 61 shares during the period. Eukles Asset Management lifted its stake in iShares Russell 2000 Value ETF by 0.9% in the third quarter. Eukles Asset Management now owns 7,033 shares of the company’s stock valued at $1,243,000 after buying an additional 61 shares in the last quarter. Fidelis Capital Partners LLC increased its holdings in iShares Russell 2000 Value ETF by 0.7% during the 3rd quarter. Fidelis Capital Partners LLC now owns 9,321 shares of the company’s stock worth $1,648,000 after purchasing an additional 62 shares in the last quarter. Finally, Magnus Financial Group LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 1.6% during the 3rd quarter. Magnus Financial Group LLC now owns 4,185 shares of the company’s stock worth $740,000 after acquiring an additional 66 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $200.82 on Wednesday. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $202.15. The stock has a market cap of $12.89 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The company has a fifty day moving average price of $189.94 and a two-hundred day moving average price of $179.58.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.