Stephens Group Asset Management LLC Reduces Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Stephens Group Asset Management LLC cut its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.1% during the fourth quarter, Holdings Channel reports. The firm owned 221,933 shares of the company’s stock after selling 167 shares during the period. iShares Russell 2000 Value ETF makes up approximately 3.0% of Stephens Group Asset Management LLC’s portfolio, making the stock its 13th largest position. Stephens Group Asset Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $36,435,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Meridian Financial Partners LLC acquired a new position in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $205,000. Park Avenue Securities LLC increased its stake in shares of iShares Russell 2000 Value ETF by 77.7% in the fourth quarter. Park Avenue Securities LLC now owns 10,922 shares of the company’s stock worth $1,793,000 after acquiring an additional 4,775 shares during the period. Marion Wealth Management raised its holdings in shares of iShares Russell 2000 Value ETF by 1.3% during the fourth quarter. Marion Wealth Management now owns 48,431 shares of the company’s stock worth $7,951,000 after purchasing an additional 625 shares during the last quarter. Courier Capital LLC lifted its position in iShares Russell 2000 Value ETF by 0.3% during the fourth quarter. Courier Capital LLC now owns 146,287 shares of the company’s stock valued at $24,016,000 after purchasing an additional 439 shares during the period. Finally, InvesTrust purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $4,586,000.

iShares Russell 2000 Value ETF Stock Up 1.9 %

Shares of IWN stock opened at $166.38 on Thursday. iShares Russell 2000 Value ETF has a 52-week low of $144.20 and a 52-week high of $183.51. The stock has a market cap of $12.73 billion, a PE ratio of 10.79 and a beta of 1.17. The business has a 50-day simple moving average of $171.73 and a 200-day simple moving average of $166.33.

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.