iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC lessened its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 15.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,599 shares of the company’s stock after selling 493 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in iShares Russell 2000 Value ETF were worth $433,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Mitchell Sinkler & Starr PA acquired a new position in shares of iShares Russell 2000 Value ETF during the second quarter valued at $25,000. Barrett & Company Inc. increased its stake in iShares Russell 2000 Value ETF by 67.4% during the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after buying an additional 64 shares during the period. Lynx Investment Advisory bought a new stake in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth about $26,000. Optimum Investment Advisors lifted its stake 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. Finally, Richardson Financial Services Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 100.0% in the third 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.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock traded up $0.16 during mid-day trading on Wednesday, hitting $172.91. 839,385 shares of the stock traded hands, compared to its average volume of 1,170,271. The company’s 50-day simple moving average is $167.93 and its 200-day simple moving average is $161.56. The firm has a market cap of $13.23 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a twelve month low of $136.85 and a twelve month high of $181.50.

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.