Northwest Wealth Management LLC Sells 265 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Northwest Wealth Management LLC cut its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,274 shares of the company’s stock after selling 265 shares during the period. Northwest Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $3,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Natixis Advisors L.P. boosted its stake in shares of iShares Russell 2000 Value ETF by 158.8% during the 4th quarter. Natixis Advisors L.P. now owns 28,905 shares of the company’s stock worth $4,489,000 after purchasing an additional 17,735 shares during the period. 9258 Wealth Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $201,000. Apollon Wealth Management LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $443,000. Concourse Financial Group Securities Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 13.7% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 1,306 shares of the company’s stock valued at $203,000 after buying an additional 157 shares during the last quarter. Finally, Principal Securities Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $292,000.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $159.29 on Friday. The stock has a 50 day moving average price of $161.55 and a 200 day moving average price of $156.03. iShares Russell 2000 Value ETF has a 52-week low of $124.97 and a 52-week high of $174.83. The firm has a market capitalization of $12.19 billion, a P/E ratio of 10.79 and a beta of 1.17.

iShares Russell 2000 Value ETF 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.