Steel Grove Capital Advisors LLC Sells 3,000 Shares of iShares Russell 2000 Value ETF $IWN

Steel Grove Capital Advisors LLC reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 51.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,884 shares of the company’s stock after selling 3,000 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $523,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. American Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $598,000. Vawter Financial Ltd. bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $2,004,000. Confluence Investment Management LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $3,842,000. RPg Family Wealth Advisory LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $1,672,000. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $9,403,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $214.69 on Wednesday. The firm has a market cap of $13.87 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a fifty-two week low of $149.00 and a fifty-two week high of $214.81. The business’s 50 day moving average price is $200.76 and its 200-day moving average price is $192.98.

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.