Diversified Portfolios Inc. Cuts Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Diversified Portfolios Inc. cut its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,651 shares of the company’s stock after selling 152 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares Russell 2000 Value ETF were worth $609,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Smith Thornton Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the second quarter valued at about $491,000. LRI Investments LLC acquired a new stake in iShares Russell 2000 Value ETF in the 1st quarter valued at about $118,000. Wealth Alliance purchased a new position in iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $275,000. Brookstone Capital Management lifted its stake in iShares Russell 2000 Value ETF by 2.1% in the 2nd quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after purchasing an additional 787 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock worth $1,725,000 after purchasing an additional 95 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock traded down $1.10 during trading hours on Thursday, reaching $174.90. The company had a trading volume of 188,497 shares, compared to its average volume of 1,171,447. iShares Russell 2000 Value ETF has a 12-month low of $135.83 and a 12-month high of $181.50. The company has a market capitalization of $13.38 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The stock has a fifty day moving average of $166.86 and a 200-day moving average of $160.89.

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.