Shapiro Capital Management LLC Lowers Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Shapiro Capital Management LLC reduced its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 67.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,032 shares of the company’s stock after selling 78,832 shares during the quarter. Shapiro Capital Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $5,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Atlas Brown Inc. boosted its stake in iShares Russell 2000 Value ETF by 0.3% during the first quarter. Atlas Brown Inc. now owns 20,856 shares of the company’s stock valued at $3,312,000 after buying an additional 66 shares during the last quarter. Hirtle Callaghan & Co LLC increased its position in iShares Russell 2000 Value ETF by 1.4% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 5,074 shares of the company’s stock worth $788,000 after purchasing an additional 69 shares during the last quarter. TCTC Holdings LLC increased its position in iShares Russell 2000 Value ETF by 4.6% in the first quarter. TCTC Holdings LLC now owns 1,574 shares of the company’s stock worth $250,000 after purchasing an additional 69 shares during the last quarter. Transform Wealth LLC raised its stake in iShares Russell 2000 Value ETF by 1.6% during the first quarter. Transform Wealth LLC now owns 4,409 shares of the company’s stock valued at $700,000 after purchasing an additional 70 shares in the last quarter. Finally, Concourse Financial Group Securities Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 5.6% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 1,374 shares of the company’s stock worth $209,000 after buying an additional 73 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.3 %

Shares of NYSEARCA IWN opened at $167.51 on Tuesday. iShares Russell 2000 Value ETF has a 12-month low of $124.97 and a 12-month high of $174.83. The firm’s 50-day moving average price is $163.90 and its 200-day moving average price is $157.03. The stock has a market capitalization of $12.81 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.