Marotta Asset Management Trims Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Marotta Asset Management lowered its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,941 shares of the company’s stock after selling 105 shares during the period. Marotta Asset Management’s holdings in iShares Russell 2000 Value ETF were worth $318,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mitchell Sinkler & Starr PA bought a new position in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $25,000. Barrett & Company Inc. boosted its position in shares of iShares Russell 2000 Value ETF by 67.4% in the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after purchasing 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 3rd quarter valued at approximately $29,000. Optimum Investment Advisors boosted its holdings in iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares in the last quarter. Finally, Richardson Financial Services Inc. increased its stake in iShares Russell 2000 Value ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock valued at $30,000 after purchasing an additional 95 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 1.9 %

IWN stock traded down $3.06 during midday trading on Friday, hitting $160.53. The company’s stock had a trading volume of 110,061 shares, compared to its average volume of 563,870. The firm’s 50-day moving average is $172.01 and its 200-day moving average is $165.89. The company has a market cap of $12.28 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12 month low of $144.20 and a 12 month high of $183.51.

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.