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

Advance Capital Management Inc. lessened its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of IWN. JPMorgan Chase & Co. lifted its stake in 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 acquiring an additional 70,123 shares during the last quarter. Smith Thornton Advisors LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth $491,000. Wealth Alliance acquired a new position in shares of iShares Russell 2000 Value ETF during the second quarter worth $275,000. Citizens Financial Group Inc. RI increased its holdings in iShares Russell 2000 Value ETF by 19.9% in the second quarter. Citizens Financial Group Inc. RI now owns 4,736 shares of the company’s stock valued at $721,000 after buying an additional 786 shares during the last quarter. Finally, National Bank of Canada FI raised its stake in iShares Russell 2000 Value ETF by 4.6% in the third quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock valued at $341,000 after buying an additional 90 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN traded down $0.41 on Monday, hitting $165.30. 661,927 shares of the company’s stock were exchanged, compared to its average volume of 562,636. iShares Russell 2000 Value ETF has a 1-year low of $144.20 and a 1-year high of $183.51. The company has a market capitalization of $12.65 billion, a PE ratio of 10.79 and a beta of 1.17. The firm’s 50-day moving average is $172.18 and its 200 day moving average is $165.72.

About iShares Russell 2000 Value ETF

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.