Grand Wealth Management LLC Sells 178 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Grand Wealth Management LLC cut its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 17.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 868 shares of the company’s stock after selling 178 shares during the quarter. Grand Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $132,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Stifel Financial Corp raised its position in shares of iShares Russell 2000 Value ETF by 73.3% in the fourth quarter. Stifel Financial Corp now owns 102,612 shares of the company’s stock valued at $15,940,000 after purchasing an additional 43,399 shares during the period. Brown Advisory Inc. raised its holdings in iShares Russell 2000 Value ETF by 8.2% in the 4th quarter. Brown Advisory Inc. now owns 313,872 shares of the company’s stock valued at $48,754,000 after acquiring an additional 23,913 shares during the period. LRI Investments LLC acquired a new stake in iShares Russell 2000 Value ETF during the first quarter worth approximately $118,000. Johnson Financial Group Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 1,122.7% during the fourth quarter. Johnson Financial Group Inc. now owns 5,270 shares of the company’s stock worth $819,000 after acquiring an additional 4,839 shares during the period. Finally, Accel Wealth Management acquired a new position in shares of iShares Russell 2000 Value ETF in the first quarter valued at approximately $204,000.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $160.73 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $124.97 and a 52 week high of $174.83. The company’s 50-day simple moving average is $162.19 and its 200 day simple moving average is $156.28. The company has a market capitalization of $12.30 billion, a PE ratio of 10.79 and a beta of 1.17.

iShares Russell 2000 Value ETF Company 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.