M&T Bank Corp Cuts Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

M&T Bank Corp reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 9.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,045,357 shares of the company’s stock after selling 108,942 shares during the quarter. M&T Bank Corp’s holdings in iShares Russell 2000 Value ETF were worth $171,616,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 2000 Value ETF by 12.5% in the 3rd 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 during the last quarter. Atomi Financial Group Inc. purchased a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $207,000. National Bank of Canada FI boosted its holdings in shares of iShares Russell 2000 Value ETF by 4.6% in the 3rd quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock worth $341,000 after buying an additional 90 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 2.6% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,449 shares of the company’s stock worth $570,000 after buying an additional 87 shares during the last quarter. Finally, Advisor Resource Council purchased a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth about $328,000.

iShares Russell 2000 Value ETF Stock Down 1.5 %

NYSEARCA IWN opened at $155.40 on Wednesday. The company has a market cap of $11.42 billion, a PE ratio of 14.54 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The firm’s 50-day simple moving average is $165.26 and its two-hundred day simple moving average is $167.69.

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.