iShares Russell 2000 Value ETF $IWN Position Cut by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.5% during the 4th quarter, Holdings Channel reports. The fund owned 712,109 shares of the company’s stock after selling 18,395 shares during the quarter. Goldman Sachs Group Inc.’s holdings in iShares Russell 2000 Value ETF were worth $129,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in IWN. Ransom Advisory Ltd bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $26,000. Operose Advisors LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 2,071.4% during the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after purchasing an additional 145 shares during the period. Eagle Bay Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at about $37,000. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 Value ETF during the third quarter valued at about $54,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $60,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 0.9%

Shares of IWN opened at $211.25 on Tuesday. The firm has a market capitalization of $13.65 billion, a PE ratio of 14.35 and a beta of 1.02. The firm has a 50-day moving average price of $205.37 and a 200 day moving average price of $195.41. iShares Russell 2000 Value ETF has a 52-week low of $152.07 and a 52-week high of $215.70.

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.