PFG Advisors Lowers Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

PFG Advisors trimmed its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 14.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,280 shares of the company’s stock after selling 219 shares during the quarter. PFG Advisors’ holdings in iShares Russell 2000 Value ETF were worth $210,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Idaho Trust Bank raised its position in shares of iShares Russell 2000 Value ETF by 21.3% in the 4th quarter. Idaho Trust Bank now owns 35,459 shares of the company’s stock worth $5,821,000 after acquiring an additional 6,235 shares in the last quarter. HighTower Advisors LLC raised its position in shares of iShares Russell 2000 Value ETF by 8.9% in the 4th quarter. HighTower Advisors LLC now owns 135,546 shares of the company’s stock worth $22,253,000 after acquiring an additional 11,086 shares in the last quarter. Wealthfront Advisers LLC raised its position in shares of iShares Russell 2000 Value ETF by 93.1% in the 4th quarter. Wealthfront Advisers LLC now owns 27,145 shares of the company’s stock worth $4,456,000 after acquiring an additional 13,090 shares in the last quarter. Riverbend Wealth Management LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth $493,000. Finally, Independent Advisor Alliance bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth $1,522,000.

iShares Russell 2000 Value ETF Trading Up 2.3 %

IWN opened at $152.75 on Monday. The firm has a market cap of $11.07 billion, a price-to-earnings ratio of 13.92 and a beta of 1.18. iShares Russell 2000 Value ETF has a 12 month low of $145.71 and a 12 month high of $183.51. The stock has a fifty day moving average price of $163.36 and a 200-day moving average price of $167.03.

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.