Kovitz Investment Group Partners LLC Sells 4,145 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Kovitz Investment Group Partners LLC reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 65,750 shares of the company’s stock after selling 4,145 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 2000 Value ETF were worth $10,968,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Mitchell Sinkler & Starr PA acquired a new stake in iShares Russell 2000 Value ETF in the 2nd quarter worth $25,000. Barrett & Company Inc. grew its position in iShares Russell 2000 Value ETF by 67.4% during the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in iShares Russell 2000 Value ETF during the third quarter valued at about $29,000. Richardson Financial Services Inc. raised its holdings in iShares Russell 2000 Value ETF by 100.0% in the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after acquiring an additional 95 shares in the last quarter. Finally, Optimum Investment Advisors lifted its position in shares of iShares Russell 2000 Value ETF by 375.0% in the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.1 %

IWN opened at $177.28 on Friday. The stock’s 50 day simple moving average is $171.05 and its 200-day simple moving average is $163.30. The stock has a market cap of $13.56 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1 year low of $142.27 and a 1 year high of $183.51.

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.