Northwest Wealth Management LLC Lowers Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Northwest Wealth Management LLC cut its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.2% during the second quarter, HoldingsChannel.com reports. The fund owned 21,274 shares of the company’s stock after selling 265 shares during the quarter. Northwest Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $3,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IWN. Lynx Investment Advisory purchased a new stake in iShares Russell 2000 Value ETF in the second quarter worth about $26,000. Clearstead Trust LLC lifted its position in shares of iShares Russell 2000 Value ETF by 75.9% in the 1st quarter. Clearstead Trust LLC now owns 241 shares of the company’s stock worth $38,000 after purchasing an additional 104 shares during the period. Triad Wealth Partners LLC bought a new position in shares of iShares Russell 2000 Value ETF during the second quarter valued at approximately $38,000. LifeSteps Financial Inc. bought a new position in shares of iShares Russell 2000 Value ETF during the first quarter valued at approximately $40,000. Finally, Tidemark LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $46,000.

iShares Russell 2000 Value ETF Stock Down 1.6 %

iShares Russell 2000 Value ETF stock opened at $159.29 on Friday. The firm has a market cap of $12.19 billion, a P/E ratio of 10.79 and a beta of 1.17. The business has a fifty day moving average of $161.55 and a two-hundred day moving average of $156.03. iShares Russell 2000 Value ETF has a twelve month low of $124.97 and a twelve month high of $174.83.

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.