Modera Wealth Management LLC Sells 5,635 Shares of iShares Russell 2000 Value ETF $IWN

Modera Wealth Management LLC lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 138,620 shares of the company’s stock after selling 5,635 shares during the period. Modera Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $21,869,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 2.6% in the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after purchasing an additional 91 shares during the last quarter. Concurrent Investment Advisors LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 10.6% in the 1st quarter. Concurrent Investment Advisors LLC now owns 1,756 shares of the company’s stock valued at $265,000 after purchasing an additional 168 shares during the period. Rehmann Capital Advisory Group boosted its position in shares of iShares Russell 2000 Value ETF by 51.6% during the 1st quarter. Rehmann Capital Advisory Group now owns 3,807 shares of the company’s stock valued at $575,000 after purchasing an additional 1,296 shares in the last quarter. Allworth Financial LP grew its stake in iShares Russell 2000 Value ETF by 17.6% during the first quarter. Allworth Financial LP now owns 69,037 shares of the company’s stock worth $10,005,000 after purchasing an additional 10,342 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in iShares Russell 2000 Value ETF by 11.3% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 30,163 shares of the company’s stock worth $4,554,000 after purchasing an additional 3,059 shares in the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $174.56 on Friday. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a 52-week low of $129.38 and a 52-week high of $183.51. The stock’s 50 day moving average price is $176.99 and its two-hundred day moving average price is $164.32.

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.