Modera Wealth Management LLC Has $21.87 Million Stake in iShares Russell 2000 Value ETF $IWN

Modera Wealth Management LLC lowered its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 138,620 shares of the company’s stock after selling 5,635 shares during the quarter. Modera Wealth Management LLC owned approximately 0.21% of iShares Russell 2000 Value ETF worth $21,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alaska Permanent Fund Corp boosted its position in iShares Russell 2000 Value ETF by 94.9% in the first quarter. Alaska Permanent Fund Corp now owns 2,402,269 shares of the company’s stock valued at $347,849,000 after buying an additional 1,169,735 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of iShares Russell 2000 Value ETF by 225.6% during the 1st quarter. Wellington Management Group LLP now owns 512,305 shares of the company’s stock valued at $77,348,000 after acquiring an additional 354,975 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in iShares Russell 2000 Value ETF during the 1st quarter worth $18,813,000. TIAA Trust National Association grew its position in iShares Russell 2000 Value ETF by 3.9% during the 1st quarter. TIAA Trust National Association now owns 2,843,511 shares of the company’s stock worth $429,313,000 after acquiring an additional 105,613 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in iShares Russell 2000 Value ETF by 49.9% in the 1st quarter. Citigroup Inc. now owns 232,085 shares of the company’s stock worth $35,040,000 after purchasing an additional 77,235 shares in the last quarter. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Trading Down 1.4%

Shares of IWN stock opened at $174.56 on Friday. The firm has a market capitalization of $11.43 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The business’s 50-day moving average price is $176.99 and its 200-day moving average price is $164.32. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51.

iShares Russell 2000 Value ETF 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.