Shapiro Capital Management LLC Sells 62,297 Shares of iShares Russell 2000 Value ETF (IWN)

Share on StockTwits

Shapiro Capital Management LLC cut its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 39.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 95,178 shares of the company’s stock after selling 62,297 shares during the quarter. Shapiro Capital Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $10,235,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in IWN. Bailard Inc. lifted its stake in iShares Russell 2000 Value ETF by 962.9% during the third quarter. Bailard Inc. now owns 478,303 shares of the company’s stock worth $63,614,000 after purchasing an additional 433,303 shares during the period. Betterment LLC lifted its stake in iShares Russell 2000 Value ETF by 46.4% during the fourth quarter. Betterment LLC now owns 754,641 shares of the company’s stock worth $81,154,000 after purchasing an additional 239,267 shares during the period. Brown Advisory Inc. lifted its stake in iShares Russell 2000 Value ETF by 262.5% during the fourth quarter. Brown Advisory Inc. now owns 285,890 shares of the company’s stock worth $30,744,000 after purchasing an additional 207,013 shares during the period. Oxford Financial Group Ltd. bought a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $21,534,000. Finally, Jones Financial Companies Lllp lifted its stake in iShares Russell 2000 Value ETF by 7.7% during the third quarter. Jones Financial Companies Lllp now owns 2,400,009 shares of the company’s stock worth $319,202,000 after purchasing an additional 172,432 shares during the period.

Shares of IWN opened at $121.74 on Friday. iShares Russell 2000 Value ETF has a 12 month low of $101.57 and a 12 month high of $137.85.

COPYRIGHT VIOLATION WARNING: “Shapiro Capital Management LLC Sells 62,297 Shares of iShares Russell 2000 Value ETF (IWN)” was reported by Week Herald and is the property of of Week Herald. If you are reading this news story on another domain, it was illegally copied and republished in violation of United States and international trademark & copyright law. The correct version of this news story can be read at https://weekherald.com/2019/03/17/shapiro-capital-management-llc-sells-62297-shares-of-ishares-russell-2000-value-etf-iwn.html.

About iShares Russell 2000 Value ETF

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.

See Also: Why Net Income is Important to Investors

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).

Institutional Ownership by Quarter for iShares Russell 2000 Value ETF (NYSEARCA:IWN)

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.