Financial Management Network Inc. Cuts Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Financial Management Network Inc. reduced its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,204 shares of the company’s stock after selling 94 shares during the period. Financial Management Network Inc.’s holdings in iShares Russell 2000 Value ETF were worth $365,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC grew its holdings in iShares Russell 2000 Value ETF by 16,463.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 800,673 shares of the company’s stock worth $131,446,000 after acquiring an additional 795,839 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in iShares Russell 2000 Value ETF by 1,457.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock worth $111,012,000 after acquiring an additional 622,725 shares in the last quarter. Alaska Permanent Fund Corp grew its holdings in iShares Russell 2000 Value ETF by 66.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after acquiring an additional 564,826 shares in the last quarter. Bailard Inc. grew its holdings in iShares Russell 2000 Value ETF by 789.1% during the 3rd quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after acquiring an additional 449,917 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in iShares Russell 2000 Value ETF by 308.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 264,950 shares of the company’s stock worth $44,199,000 after acquiring an additional 200,069 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Up 0.4 %

NYSEARCA IWN opened at $168.17 on Wednesday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The stock has a market capitalization of $12.36 billion, a PE ratio of 14.54 and a beta of 1.17. The firm has a 50 day moving average of $167.01 and a two-hundred day moving average of $167.34.

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.