US Bancorp DE Lowers Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

US Bancorp DE decreased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 723,575 shares of the company’s stock after selling 41,911 shares during the period. US Bancorp DE owned about 0.95% of iShares Russell 2000 Value ETF worth $120,707,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Pacific Life Fund Advisors LLC grew its stake in shares of iShares Russell 2000 Value ETF by 24.2% in the third quarter. Pacific Life Fund Advisors LLC now owns 265,714 shares of the company’s stock worth $44,326,000 after acquiring an additional 51,743 shares in the last quarter. Financial Advocates Investment Management grew its stake in iShares Russell 2000 Value ETF by 4.4% during the 3rd quarter. Financial Advocates Investment Management now owns 3,458 shares of the company’s stock worth $577,000 after purchasing an additional 147 shares in the last quarter. Diversify Wealth Management LLC purchased a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth about $234,000. Pinnacle Associates Ltd. raised its position in iShares Russell 2000 Value ETF by 100.9% in the 3rd quarter. Pinnacle Associates Ltd. now owns 7,793 shares of the company’s stock valued at $1,210,000 after purchasing an additional 3,913 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its position in iShares Russell 2000 Value ETF by 27.5% in the 3rd quarter. Fidelis Capital Partners LLC now owns 5,616 shares of the company’s stock valued at $928,000 after purchasing an additional 1,211 shares in the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock traded down $1.93 on Thursday, reaching $164.96. 395,201 shares of the company were exchanged, compared to its average volume of 1,172,694. The stock’s 50 day moving average price is $165.42 and its 200-day moving average price is $159.22. iShares Russell 2000 Value ETF has a 1-year low of $126.22 and a 1-year high of $174.83. The company has a market cap of $12.62 billion, a P/E ratio of 10.79 and a beta of 1.17.

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.