Modern Wealth Management LLC Sells 236 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Modern Wealth Management LLC cut its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 9,398 shares of the company’s stock after selling 236 shares during the period. Modern Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,575,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in iShares Russell 2000 Value ETF by 5.6% in the fourth quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock worth $448,141,000 after purchasing an additional 145,085 shares during the last quarter. Brooklyn FI LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 6,229.0% during the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after buying an additional 2,019,640 shares during the period. Starboard Value LP boosted its stake in shares of iShares Russell 2000 Value ETF by 5.9% in the 3rd quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after buying an additional 75,000 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell 2000 Value ETF by 1.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,219,525 shares of the company’s stock worth $200,209,000 after buying an additional 20,081 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in shares of iShares Russell 2000 Value ETF by 20.6% in the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after acquiring an additional 196,988 shares during the period.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $155.26 on Wednesday. The company has a market cap of $11.35 billion, a price-to-earnings ratio of 13.99 and a beta of 1.18. The business’s 50-day moving average is $162.18 and its two-hundred day moving average is $166.55. iShares Russell 2000 Value ETF has a fifty-two week low of $145.71 and a fifty-two week high of $183.51.

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.