Allspring Global Investments Holdings LLC Sells 30,623 Shares of iShares Russell 2000 Value ETF $IWN

Allspring Global Investments Holdings LLC lowered its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 189,169 shares of the company’s stock after selling 30,623 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell 2000 Value ETF were worth $35,865,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Operose Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 2,071.4% in the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the last quarter. Strive Financial Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at about $31,000. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $35,000. Bogart Wealth LLC grew its position in shares of iShares Russell 2000 Value ETF by 219.3% in the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after buying an additional 125 shares during the period. Finally, Eagle Bay Advisors LLC purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $37,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $222.34 on Monday. The firm has a 50 day moving average price of $215.57 and a 200-day moving average price of $202.84. iShares Russell 2000 Value ETF has a 52-week low of $155.54 and a 52-week high of $224.42. The firm has a market capitalization of $14.44 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01.

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