iShares Russell 2000 Value ETF $IWN Shares Sold by Pacific Life Fund Advisors LLC

Pacific Life Fund Advisors LLC lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 432,307 shares of the company’s stock after selling 118,510 shares during the quarter. iShares Russell 2000 Value ETF accounts for about 8.1% of Pacific Life Fund Advisors LLC’s portfolio, making the stock its 4th largest holding. Pacific Life Fund Advisors LLC owned about 0.67% of iShares Russell 2000 Value ETF worth $78,338,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Corp acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $9,463,000. American Wealth Advisors LLC acquired a new position in iShares Russell 2000 Value ETF in the 3rd quarter worth about $598,000. Confluence Investment Management LLC acquired a new position in iShares Russell 2000 Value ETF in the 4th quarter worth about $3,842,000. Farther Finance Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 67.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,742 shares of the company’s stock worth $1,546,000 after purchasing an additional 3,513 shares during the period. Finally, Facet Wealth Inc. raised its holdings in iShares Russell 2000 Value ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock worth $36,553,000 after purchasing an additional 9,868 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 2.1%

NYSEARCA IWN opened at $206.45 on Friday. The stock has a market capitalization of $13.24 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a twelve month low of $136.29 and a twelve month high of $208.08. The stock has a 50-day moving average of $194.83 and a 200 day moving average of $187.48.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.