Equitable Trust Co. Reduces Stock Position in iShares Russell 2000 Value ETF $IWN

Equitable Trust Co. trimmed its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,547 shares of the company’s stock after selling 410 shares during the period. Equitable Trust Co.’s holdings in iShares Russell 2000 Value ETF were worth $244,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in IWN. Marshall & Sullivan Inc. WA acquired a new stake in iShares Russell 2000 Value ETF in the 2nd quarter worth about $28,000. Avalon Trust Co acquired a new stake in iShares Russell 2000 Value ETF in the 1st quarter worth about $30,000. DHJJ Financial Advisors Ltd. boosted its stake in iShares Russell 2000 Value ETF by 67.5% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 211 shares of the company’s stock worth $32,000 after buying an additional 85 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in iShares Russell 2000 Value ETF by 166.7% in the 1st quarter. Capital Investment Advisory Services LLC now owns 216 shares of the company’s stock worth $33,000 after buying an additional 135 shares during the last quarter. Finally, Cloud Capital Management LLC acquired a new stake in iShares Russell 2000 Value ETF in the 1st quarter worth about $38,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Trading Up 0.7%

Shares of NYSEARCA:IWN opened at $180.84 on Thursday. The stock’s 50-day moving average price is $173.75 and its two-hundred day moving average price is $160.01. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $183.51. The firm has a market cap of $12.16 billion, a price-to-earnings ratio of 14.35 and a beta of 1.15.

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.