Northwestern Mutual Wealth Management Co. reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 50.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,414 shares of the company’s stock after selling 31,915 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell 2000 Value ETF were worth $5,693,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of iShares Russell 2000 Value ETF by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after buying an additional 422,172 shares during the period. TIAA Trust National Association lifted its holdings in shares of iShares Russell 2000 Value ETF by 62.5% in the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after buying an additional 1,671,191 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 5.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after buying an additional 104,838 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of iShares Russell 2000 Value ETF by 2.5% in the 4th quarter. D.A. Davidson & CO. now owns 1,246,342 shares of the company’s stock valued at $225,850,000 after buying an additional 30,282 shares during the period. Finally, M&T Bank Corp lifted its holdings in shares of iShares Russell 2000 Value ETF by 2.4% in the 4th quarter. M&T Bank Corp now owns 1,018,005 shares of the company’s stock valued at $184,472,000 after buying an additional 23,441 shares during the period. 74.70% of the stock is owned by institutional investors and hedge funds.
iShares Russell 2000 Value ETF Price Performance
IWN opened at $211.31 on Friday. The business has a 50 day simple moving average of $199.72 and a 200-day simple moving average of $192.35. The stock has a market capitalization of $13.65 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 12 month low of $146.90 and a 12 month high of $213.19.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Recommended Stories
- Five stocks we like better than iShares Russell 2000 Value ETF
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Want to see what other hedge funds are holding IWN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report).
Receive News & Ratings for iShares Russell 2000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
