Diversified Portfolios Inc. Lowers Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Diversified Portfolios Inc. decreased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.0% in the 3rd quarter, Holdings Channel reports. The firm owned 3,651 shares of the company’s stock after selling 152 shares during the period. Diversified Portfolios Inc.’s holdings in iShares Russell 2000 Value ETF were worth $609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC raised its stake in iShares Russell 2000 Value ETF by 18,036.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after acquiring an additional 828,944 shares during the last quarter. Alaska Permanent Fund Corp increased its holdings in shares of iShares Russell 2000 Value ETF by 66.4% in the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after purchasing an additional 564,826 shares during the period. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares Russell 2000 Value ETF during the second quarter worth approximately $70,720,000. Bailard Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 789.1% during the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after purchasing an additional 449,917 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $26,071,000.

iShares Russell 2000 Value ETF Stock Performance

IWN traded down $1.10 during trading on Thursday, hitting $174.90. The stock had a trading volume of 188,497 shares, compared to its average volume of 1,171,447. iShares Russell 2000 Value ETF has a twelve month low of $135.83 and a twelve month high of $181.50. The firm has a market capitalization of $13.38 billion, a P/E ratio of 10.79 and a beta of 1.17. The company’s 50-day moving average price is $166.86 and its 200 day moving average price is $160.89.

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.