New South Capital Management Inc. Has $11.47 Million Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

New South Capital Management Inc. decreased its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 19.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,296 shares of the company’s stock after selling 17,614 shares during the quarter. New South Capital Management Inc. owned approximately 0.10% of iShares Russell 2000 Value ETF worth $11,468,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Stifel Financial Corp grew its stake in iShares Russell 2000 Value ETF by 73.3% in the fourth 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. Avantax Advisory Services Inc. increased its holdings in iShares Russell 2000 Value ETF by 51.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 45,723 shares of the company’s stock worth $7,102,000 after buying an additional 15,492 shares during the last quarter. Brown Advisory Inc. lifted its stake in iShares Russell 2000 Value ETF by 8.2% in the fourth quarter. Brown Advisory Inc. now owns 313,872 shares of the company’s stock valued at $48,754,000 after acquiring an additional 23,913 shares during the last quarter. LRI Investments LLC acquired a new stake in iShares Russell 2000 Value ETF in the first quarter valued at $118,000. Finally, Johnson Financial Group Inc. grew its position in shares of iShares Russell 2000 Value ETF by 1,122.7% in the 4th quarter. Johnson Financial Group Inc. now owns 5,270 shares of the company’s stock valued at $819,000 after acquiring an additional 4,839 shares during the period.

iShares Russell 2000 Value ETF Stock Down 1.6 %

IWN opened at $159.29 on Friday. iShares Russell 2000 Value ETF has a 12-month low of $124.97 and a 12-month high of $174.83. The business has a 50 day moving average of $161.55 and a 200-day moving average of $156.07. The stock has a market cap of $12.19 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.