Advance Capital Management Inc. Trims Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Advance Capital Management Inc. cut its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,515 shares of the company’s stock after selling 231 shares during the quarter. Advance Capital Management Inc.’s holdings in iShares Russell 2000 Value ETF were worth $249,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWN. GAMMA Investing LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 19.9% during the 4th quarter. GAMMA Investing LLC now owns 794 shares of the company’s stock valued at $130,000 after buying an additional 132 shares in the last quarter. Confluence Investment Management LLC raised its position in shares of iShares Russell 2000 Value ETF by 20.5% during the fourth quarter. Confluence Investment Management LLC now owns 3,822 shares of the company’s stock valued at $627,000 after buying an additional 650 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell 2000 Value ETF by 12.5% in the third quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after buying an additional 70,123 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of iShares Russell 2000 Value ETF by 2.5% during the third quarter. Sanctuary Advisors LLC now owns 34,549 shares of the company’s stock worth $6,169,000 after acquiring an additional 854 shares during the last quarter. Finally, M&T Bank Corp increased its holdings in iShares Russell 2000 Value ETF by 20.6% in the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock valued at $192,560,000 after acquiring an additional 196,988 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock traded down $0.41 during trading hours on Monday, hitting $165.30. The stock had a trading volume of 661,927 shares, compared to its average volume of 562,636. The stock has a market capitalization of $12.65 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a one year low of $144.20 and a one year high of $183.51. The stock’s 50-day moving average price is $172.18 and its two-hundred day moving average price is $165.72.

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.