Assetmark Inc. Lowers Stake in iShares Russell 2000 Value ETF $IWN

Assetmark Inc. reduced its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 53.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 26,148 shares of the company’s stock after selling 30,621 shares during the period. Assetmark Inc.’s holdings in iShares Russell 2000 Value ETF were worth $4,738,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of IWN. Ransom Advisory Ltd purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $26,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $37,000. Cloud Capital Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at about $45,000. Root Financial Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at about $53,000. Finally, Investment Counsel Co. of Nevada purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at about $54,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Up 2.1%

Shares of NYSEARCA:IWN opened at $206.45 on Friday. The company has a market cap of $13.24 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The firm’s 50-day simple moving average is $194.83 and its 200-day simple moving average is $187.55. iShares Russell 2000 Value ETF has a fifty-two week low of $136.29 and a fifty-two week high of $208.08.

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