iShares Russell 2000 Value ETF $IWN Shares Sold by DAVENPORT & Co LLC

DAVENPORT & Co LLC trimmed its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 23.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 9,005 shares of the company’s stock after selling 2,684 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,632,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in IWN. Bank of America Corp DE boosted its position in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after purchasing an additional 422,172 shares during the period. TIAA Trust National Association increased its holdings in iShares Russell 2000 Value ETF by 62.5% in the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after purchasing an additional 1,671,191 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell 2000 Value ETF by 5.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after purchasing an additional 104,838 shares during the period. D.A. Davidson & CO. raised its position in iShares Russell 2000 Value ETF by 2.7% in the third quarter. D.A. Davidson & CO. now owns 1,216,060 shares of the company’s stock valued at $215,012,000 after purchasing an additional 31,609 shares during the period. Finally, BNP Paribas Financial Markets lifted its stake in iShares Russell 2000 Value ETF by 27.9% during the third quarter. BNP Paribas Financial Markets now owns 650,147 shares of the company’s stock worth $114,952,000 after purchasing an additional 141,869 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Down 1.5%

NYSEARCA:IWN opened at $186.49 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $203.01. The stock’s fifty day moving average is $194.73 and its two-hundred day moving average is $185.45. The stock has a market capitalization of $11.97 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.