CM Wealth Advisors LLC Trims Position in iShares Russell 2000 Value ETF $IWN

CM Wealth Advisors LLC cut its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,480 shares of the company’s stock after selling 819 shares during the period. iShares Russell 2000 Value ETF accounts for approximately 1.8% of CM Wealth Advisors LLC’s portfolio, making the stock its 14th largest holding. CM Wealth Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $6,071,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of IWN. First Command Advisory Services Inc. purchased a new position in iShares Russell 2000 Value ETF during the second quarter valued at approximately $26,000. Marshall & Sullivan Inc. WA purchased a new stake in iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $28,000. Avalon Trust Co purchased a new stake in iShares Russell 2000 Value ETF in the 1st quarter worth approximately $30,000. WPG Advisers LLC bought a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $49,000. Finally, Trust Co. of Toledo NA OH purchased a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter valued at $66,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $175.79 on Friday. The stock has a market cap of $11.51 billion, a P/E ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $183.51. The firm’s fifty day moving average price is $177.02 and its 200-day moving average price is $164.58.

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.