Northwestern Mutual Wealth Management Co. Reduces Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Northwestern Mutual Wealth Management Co. reduced its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,503 shares of the company’s stock after selling 776 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.09% of iShares Russell 2000 Value ETF worth $10,738,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. 9258 Wealth Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at approximately $201,000. TD Asset Management Inc boosted its stake in iShares Russell 2000 Value ETF by 0.7% during the 4th quarter. TD Asset Management Inc now owns 43,788 shares of the company’s stock valued at $6,802,000 after acquiring an additional 308 shares during the last quarter. Stifel Financial Corp grew its holdings in iShares Russell 2000 Value ETF by 73.3% during the 4th quarter. Stifel Financial Corp now owns 102,612 shares of the company’s stock worth $15,940,000 after acquiring an additional 43,399 shares in the last quarter. Scotia Capital Inc. bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $219,000. Finally, CIBC Private Wealth Group LLC raised its stake in shares of iShares Russell 2000 Value ETF by 14.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 52,646 shares of the company’s stock valued at $8,177,000 after purchasing an additional 6,658 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $164.38 on Wednesday. The company has a market capitalization of $12.58 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a one year low of $124.97 and a one year high of $174.83. The stock has a 50-day simple moving average of $163.70 and a 200 day simple moving average of $157.57.

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.