Franklin Resources Inc. Sells 505 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Franklin Resources Inc. decreased its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 63,639 shares of the company’s stock after selling 505 shares during the quarter. Franklin Resources Inc. owned 0.08% of iShares Russell 2000 Value ETF worth $10,651,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWN. Barrett & Company Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after acquiring an additional 64 shares in the last quarter. Integrated Advisors Network LLC raised its position in iShares Russell 2000 Value ETF by 1.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,714 shares of the company’s stock valued at $953,000 after purchasing an additional 70 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 5.6% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,374 shares of the company’s stock worth $209,000 after buying an additional 73 shares during the period. Anchor Investment Management LLC grew its position in shares of iShares Russell 2000 Value ETF by 6.3% during the 2nd quarter. Anchor Investment Management LLC now owns 1,234 shares of the company’s stock worth $188,000 after buying an additional 73 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its stake in shares of iShares Russell 2000 Value ETF by 1.6% during the second quarter. J.W. Cole Advisors Inc. now owns 4,817 shares of the company’s stock valued at $734,000 after buying an additional 74 shares during the period.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $164.11 on Friday. iShares Russell 2000 Value ETF has a 1-year low of $144.20 and a 1-year high of $183.51. The business has a 50-day moving average price of $172.74 and a 200 day moving average price of $164.68. The company has a market capitalization of $12.55 billion, a P/E ratio of 10.79 and a beta of 1.17.

iShares Russell 2000 Value ETF Company 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.