FineMark National Bank & Trust Cuts Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

FineMark National Bank & Trust lowered its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,746 shares of the company’s stock after selling 395 shares during the period. FineMark National Bank & Trust’s holdings in iShares Russell 2000 Value ETF were worth $779,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Brooklyn FI LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 6,229.0% in the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after buying an additional 2,019,640 shares during the period. Strategic Financial Concepts LLC lifted its holdings in iShares Russell 2000 Value ETF by 16,463.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 800,673 shares of the company’s stock valued at $131,446,000 after acquiring an additional 795,839 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $97,519,000. Victory Capital Management Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 69.0% during the 4th quarter. Victory Capital Management Inc. now owns 537,775 shares of the company’s stock worth $88,287,000 after purchasing an additional 219,475 shares during the period. Finally, BNP Paribas Financial Markets increased its holdings in shares of iShares Russell 2000 Value ETF by 308.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 264,950 shares of the company’s stock valued at $44,199,000 after purchasing an additional 200,069 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.7 %

IWN stock opened at $155.26 on Wednesday. The company’s 50-day moving average price is $162.18 and its 200 day moving average price is $166.55. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The company has a market cap of $11.35 billion, a P/E ratio of 13.99 and a beta of 1.18.

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.