Picton Mahoney Asset Management Sells 45,058 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Picton Mahoney Asset Management lowered its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 88.2% during the fourth quarter, HoldingsChannel reports. The fund owned 6,000 shares of the company’s stock after selling 45,058 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares Russell 2000 Value ETF were worth $985,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp increased its position in iShares Russell 2000 Value ETF by 5.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock worth $448,141,000 after acquiring an additional 145,085 shares during the period. Starboard Value LP increased its position in iShares Russell 2000 Value ETF by 5.9% during the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after acquiring an additional 75,000 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Russell 2000 Value ETF by 1.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,219,525 shares of the company’s stock worth $200,209,000 after acquiring an additional 20,081 shares during the period. M&T Bank Corp increased its position in iShares Russell 2000 Value ETF by 20.6% during the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after acquiring an additional 196,988 shares during the period. Finally, D.A. Davidson & CO. increased its position in iShares Russell 2000 Value ETF by 2.9% during the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after acquiring an additional 30,257 shares during the period.

iShares Russell 2000 Value ETF Trading Up 2.3 %

Shares of IWN stock opened at $152.75 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $145.71 and a 1 year high of $183.51. The firm’s fifty day simple moving average is $163.36 and its 200 day simple moving average is $167.02. The firm has a market capitalization of $11.07 billion, a P/E ratio of 13.92 and a beta of 1.18.

iShares Russell 2000 Value ETF 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.