Shapiro Capital Management LLC Sells 77,300 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Shapiro Capital Management LLC decreased its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 60.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,320 shares of the company’s stock after selling 77,300 shares during the period. Shapiro Capital Management LLC owned 0.07% of iShares Russell 2000 Value ETF worth $8,425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Crews Bank & Trust bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $25,000. FPC Investment Advisory Inc. purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter valued at $25,000. Hoese & Co LLP bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $26,000. Financial Life Planners purchased a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $26,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $30,000.

iShares Russell 2000 Value ETF Stock Up 0.8%

Shares of IWN opened at $154.04 on Friday. The stock has a market cap of $11.35 billion, a P/E ratio of 13.37 and a beta of 1.09. The business’s 50 day moving average price is $146.59 and its 200-day moving average price is $160.93. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $183.51.

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.