US Bancorp DE Reduces Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

US Bancorp DE cut its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 723,575 shares of the company’s stock after selling 41,911 shares during the period. US Bancorp DE’s holdings in iShares Russell 2000 Value ETF were worth $120,707,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of IWN. Mitchell Sinkler & Starr PA acquired a new stake in iShares Russell 2000 Value ETF during the second quarter worth approximately $25,000. Lynx Investment Advisory purchased a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at $26,000. Barrett & Company Inc. raised its stake in iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after acquiring an additional 64 shares in the last quarter. Richardson Financial Services Inc. lifted its position in iShares Russell 2000 Value ETF by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after acquiring an additional 95 shares during the last quarter. Finally, Optimum Investment Advisors boosted its stake in iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock traded down $1.93 during mid-day trading on Thursday, hitting $164.96. 395,201 shares of the stock were exchanged, compared to its average volume of 1,172,694. The stock’s fifty day simple moving average is $165.42 and its two-hundred day simple moving average is $159.22. iShares Russell 2000 Value ETF has a 12-month low of $126.22 and a 12-month high of $174.83. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.