Moneywise Inc. Sells 35,964 Shares of iShares Russell 2000 Value ETF $IWN

Moneywise Inc. trimmed its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 89.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,159 shares of the company’s stock after selling 35,964 shares during the period. Moneywise Inc.’s holdings in iShares Russell 2000 Value ETF were worth $871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Blue Bell Private Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 2.0% in the third quarter. Blue Bell Private Wealth Management LLC now owns 5,900 shares of the company’s stock valued at $1,236,000 after acquiring an additional 116 shares in the last quarter. Frederick Financial Consultants LLC increased its stake in shares of iShares Russell 2000 Value ETF by 1.0% during the third quarter. Frederick Financial Consultants LLC now owns 7,703 shares of the company’s stock worth $1,613,000 after acquiring an additional 78 shares during the period. XML Financial LLC increased its stake in shares of iShares Russell 2000 Value ETF by 1.7% during the third quarter. XML Financial LLC now owns 32,977 shares of the company’s stock worth $6,907,000 after acquiring an additional 553 shares during the period. Strategic Family Wealth Counselors L.L.C. purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth about $454,000. Finally, Stevens Capital Partners raised its holdings in iShares Russell 2000 Value ETF by 13.5% during the third quarter. Stevens Capital Partners now owns 34,559 shares of the company’s stock worth $7,238,000 after purchasing an additional 4,122 shares in the last quarter. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Down 0.4%

Shares of NYSEARCA:IWN opened at $214.97 on Wednesday. The company has a market cap of $14.10 billion, a P/E ratio of 13.79 and a beta of 1.04. iShares Russell 2000 Value ETF has a 52 week low of $168.75 and a 52 week high of $227.86. The company has a 50-day moving average price of $215.46 and a 200 day moving average price of $209.58.

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.