Steel Grove Capital Advisors LLC Lowers Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Steel Grove Capital Advisors LLC trimmed its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 18.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,884 shares of the company’s stock after selling 649 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $439,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC lifted its holdings in iShares Russell 2000 Value ETF by 18,036.2% in the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after acquiring an additional 828,944 shares during the period. Pathstone Holdings LLC purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth about $37,966,000. Picton Mahoney Asset Management grew its position in 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 worth $51,642,000 after buying an additional 165,046 shares during the period. Quadrature Capital Ltd purchased a new position in iShares Russell 2000 Value ETF in the first quarter valued at about $26,071,000. Finally, Cetera Investment Advisers lifted its position in shares of iShares Russell 2000 Value ETF by 211.6% during the 1st quarter. Cetera Investment Advisers now owns 223,660 shares of the company’s stock valued at $35,519,000 after acquiring an additional 151,873 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $167.51 on Tuesday. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The business’s 50 day simple moving average is $163.90 and its 200-day simple moving average is $157.03. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $174.83.

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.