Commerce Bank Has $60.93 Million Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Commerce Bank cut its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.9% in the third quarter, Holdings Channel.com reports. The firm owned 365,226 shares of the company’s stock after selling 10,971 shares during the quarter. Commerce Bank’s holdings in iShares Russell 2000 Value ETF were worth $60,927,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Smith Thornton Advisors LLC bought a new stake in iShares Russell 2000 Value ETF in the 2nd quarter valued at approximately $491,000. LRI Investments LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the first quarter valued at approximately $118,000. Wealth Alliance bought a new stake in shares of iShares Russell 2000 Value ETF in the second quarter worth $275,000. Brookstone Capital Management boosted its holdings in iShares Russell 2000 Value ETF by 2.1% during the second quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after purchasing an additional 787 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in iShares Russell 2000 Value ETF by 0.9% in the first quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock valued at $1,725,000 after purchasing an additional 95 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Up 0.1 %

Shares of IWN stock opened at $172.91 on Wednesday. The firm’s fifty day moving average price is $167.93 and its two-hundred day moving average price is $161.56. iShares Russell 2000 Value ETF has a 1 year low of $136.85 and a 1 year high of $181.50. The firm has a market capitalization of $13.23 billion, a P/E ratio of 10.79 and a beta of 1.17.

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.