Farther Finance Advisors LLC Cuts Stake in iShares Russell 2000 Value ETF $IWN

Farther Finance Advisors LLC lowered its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,229 shares of the company’s stock after selling 469 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $825,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC grew its holdings in iShares Russell 2000 Value ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after purchasing an additional 91 shares during the last quarter. Nuveen Asset Management LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $2,115,000. Toronto Dominion Bank boosted its position in shares of iShares Russell 2000 Value ETF by 14.6% in the fourth quarter. Toronto Dominion Bank now owns 12,733 shares of the company’s stock worth $2,091,000 after acquiring an additional 1,620 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $46,000. Finally, Park Square Financial Group LLC acquired a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Down 1.0%

Shares of IWN stock opened at $175.10 on Friday. The stock has a market cap of $11.79 billion, a price-to-earnings ratio of 14.35 and a beta of 1.15. The firm’s 50 day moving average price is $169.64 and its two-hundred day moving average price is $157.65. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week 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.