ARK & TLK Investments LLC Cuts Stake in iShares Russell 2000 Value ETF $IWN

ARK & TLK Investments LLC lessened its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 60.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,804 shares of the company’s stock after selling 7,446 shares during the quarter. ARK & TLK Investments LLC’s holdings in iShares Russell 2000 Value ETF were worth $849,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Bank of America Corp DE lifted its position in iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after acquiring an additional 422,172 shares in the last quarter. Zions Bancorporation National Association UT raised its stake in shares of iShares Russell 2000 Value ETF by 2,421.9% during the second quarter. Zions Bancorporation National Association UT now owns 269,486 shares of the company’s stock valued at $42,514,000 after purchasing an additional 258,800 shares during the period. BNP Paribas Financial Markets lifted its position in shares of iShares Russell 2000 Value ETF by 99.4% during the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock worth $80,186,000 after purchasing an additional 253,326 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of iShares Russell 2000 Value ETF by 15,292.5% during the second quarter. Laurel Wealth Advisors LLC now owns 239,046 shares of the company’s stock worth $37,712,000 after purchasing an additional 237,493 shares in the last quarter. Finally, Pacific Life Fund Advisors LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 19.5% in the second quarter. Pacific Life Fund Advisors LLC now owns 599,286 shares of the company’s stock valued at $94,543,000 after purchasing an additional 97,829 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 1.7%

IWN opened at $195.62 on Friday. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $200.74. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The company has a fifty day simple moving average of $185.06 and a 200 day simple moving average of $176.78.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.