Investment Partners LTD. Sells 418 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Investment Partners LTD. trimmed its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 20,886 shares of the company’s stock after selling 418 shares during the quarter. iShares Russell 2000 Value ETF makes up 1.6% of Investment Partners LTD.’s portfolio, making the stock its 19th largest position. Investment Partners LTD.’s holdings in iShares Russell 2000 Value ETF were worth $3,244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. TIAA Trust National Association bought a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at $337,567,000. Commonwealth Equity Services LLC raised its stake in shares of iShares Russell 2000 Value ETF by 1.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,176,051 shares of the company’s stock valued at $159,414,000 after purchasing an additional 21,223 shares during the period. D.A. Davidson & CO. raised its stake in shares of iShares Russell 2000 Value ETF by 1.7% during the 3rd quarter. D.A. Davidson & CO. now owns 999,930 shares of the company’s stock valued at $135,541,000 after purchasing an additional 17,137 shares during the period. US Bancorp DE raised its stake in shares of iShares Russell 2000 Value ETF by 3.3% during the 3rd quarter. US Bancorp DE now owns 697,961 shares of the company’s stock valued at $92,903,000 after purchasing an additional 22,499 shares during the period. Finally, LPL Financial LLC raised its stake in shares of iShares Russell 2000 Value ETF by 1.6% during the 3rd quarter. LPL Financial LLC now owns 600,421 shares of the company’s stock valued at $81,387,000 after purchasing an additional 9,189 shares during the period.

iShares Russell 2000 Value ETF Stock Up 0.6 %

Shares of NYSEARCA:IWN traded up $0.96 during midday trading on Friday, reaching $151.14. 647,945 shares of the company traded hands, compared to its average volume of 1,339,202. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $159.81. The firm’s fifty day moving average price is $152.71 and its two-hundred day moving average price is $146.64. The firm has a market capitalization of $11.74 billion, a price-to-earnings ratio of 10.45 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.