iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC decreased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 28.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,104 shares of the company’s stock after selling 2,012 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $851,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC increased its stake in iShares Russell 2000 Value ETF by 18,036.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after purchasing an additional 828,944 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of iShares Russell 2000 Value ETF in the second quarter worth about $70,720,000. Pathstone Holdings LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $37,966,000. Picton Mahoney Asset Management raised its holdings in shares of iShares Russell 2000 Value ETF by 103.1% during the first quarter. Picton Mahoney Asset Management now owns 325,175 shares of the company’s stock valued at $51,642,000 after acquiring an additional 165,046 shares during the period. Finally, Quadrature Capital Ltd purchased a new stake in shares of iShares Russell 2000 Value ETF in the 1st quarter valued at approximately $26,071,000.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $163.41 on Wednesday. The firm’s 50 day moving average price is $163.30 and its two-hundred day moving average price is $157.86. iShares Russell 2000 Value ETF has a twelve month low of $124.97 and a twelve month high of $174.83. The stock has a market cap of $12.50 billion, a price-to-earnings 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.