LPL Financial LLC Sells 18,115 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

LPL Financial LLC decreased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 994,993 shares of the company’s stock after selling 18,115 shares during the period. LPL Financial LLC owned 1.30% of iShares Russell 2000 Value ETF worth $163,348,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Crews Bank & Trust bought a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $25,000. FPC Investment Advisory Inc. bought a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $25,000. Hoese & Co LLP acquired a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $26,000. Financial Life Planners bought a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Finally, Loomis Sayles & Co. L P acquired a new stake in iShares Russell 2000 Value ETF during the 3rd quarter valued at $29,000.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA:IWN opened at $156.36 on Tuesday. The company has a market cap of $11.43 billion, a P/E ratio of 13.99 and a beta of 1.18. The firm’s fifty day moving average price is $162.34 and its two-hundred day moving average price is $166.58. iShares Russell 2000 Value ETF has a one year low of $145.71 and a one year 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.