Earnest Partners LLC Sells 44,515 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Earnest Partners LLC trimmed its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 59.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,389 shares of the company’s stock after selling 44,515 shares during the quarter. Earnest Partners LLC’s holdings in iShares Russell 2000 Value ETF were worth $4,826,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWN. Fidelis Capital Partners LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at about $794,000. McAdam LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 34.2% in the 4th quarter. McAdam LLC now owns 8,510 shares of the company’s stock valued at $1,322,000 after purchasing an additional 2,171 shares during the period. Stifel Financial Corp boosted its position in shares of iShares Russell 2000 Value ETF by 73.3% during the 4th quarter. Stifel Financial Corp now owns 102,612 shares of the company’s stock valued at $15,940,000 after purchasing an additional 43,399 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in iShares Russell 2000 Value ETF by 16.4% in the fourth quarter. First Horizon Advisors Inc. now owns 71,433 shares of the company’s stock worth $11,096,000 after purchasing an additional 10,061 shares in the last quarter. Finally, Waldron Private Wealth LLC lifted its stake in iShares Russell 2000 Value ETF by 118.1% in the fourth quarter. Waldron Private Wealth LLC now owns 284,145 shares of the company’s stock valued at $44,136,000 after buying an additional 153,876 shares during the period.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock traded down $1.88 during trading hours on Monday, hitting $169.46. 1,008,119 shares of the company were exchanged, compared to its average volume of 1,239,640. The company has a 50 day simple moving average of $155.64 and a two-hundred day simple moving average of $153.39. The firm has a market cap of $12.96 billion, a P/E ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a fifty-two week low of $124.97 and a fifty-two week high of $171.94.

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.