iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Sold by World Investment Advisors LLC

World Investment Advisors LLC reduced its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,201 shares of the company’s stock after selling 251 shares during the quarter. World Investment Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,535,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWN. TIAA Trust National Association increased its holdings in shares of iShares Russell 2000 Value ETF by 1.9% during the second quarter. TIAA Trust National Association now owns 2,634,629 shares of the company’s stock valued at $398,785,000 after acquiring an additional 49,241 shares in the last quarter. Envestnet Asset Management Inc. grew its position in iShares Russell 2000 Value ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,955,890 shares of the company’s stock worth $297,882,000 after purchasing an additional 7,359 shares during the last quarter. Alaska Permanent Fund Corp increased its stake in iShares Russell 2000 Value ETF by 66.4% during the 3rd quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after purchasing an additional 564,826 shares in the last quarter. Starboard Value LP raised its holdings in shares of iShares Russell 2000 Value ETF by 5.9% in the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after buying an additional 75,000 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of iShares Russell 2000 Value ETF by 0.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after buying an additional 6,684 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN opened at $174.21 on Friday. The company’s fifty day moving average price is $172.43 and its 200-day moving average price is $164.21. iShares Russell 2000 Value ETF has a 1-year low of $144.20 and a 1-year high of $183.51. The firm has a market capitalization of $13.33 billion, a PE ratio of 10.79 and a beta of 1.17.

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.