MMA Asset Management LLC Reduces Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

MMA Asset Management LLC reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 70.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,676 shares of the company’s stock after selling 74,888 shares during the period. iShares Russell 2000 Value ETF accounts for about 2.2% of MMA Asset Management LLC’s holdings, making the stock its 12th biggest position. MMA Asset Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $5,036,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in IWN. Starboard Value LP grew its position in shares of iShares Russell 2000 Value ETF by 5.9% during the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after acquiring an additional 75,000 shares during the last quarter. PNC Financial Services Group Inc. grew its position 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 acquiring an additional 6,684 shares during the last quarter. M&T Bank Corp grew its position in shares of iShares Russell 2000 Value ETF by 20.6% during the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after acquiring an additional 196,988 shares during the last quarter. D.A. Davidson & CO. grew its position in shares of iShares Russell 2000 Value ETF by 2.9% during the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after acquiring an additional 30,257 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of iShares Russell 2000 Value ETF by 23.4% during the third quarter. LPL Financial LLC now owns 1,013,108 shares of the company’s stock worth $169,007,000 after acquiring an additional 192,439 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $161.10 on Friday. The stock has a fifty day moving average price of $165.58 and a 200 day moving average price of $167.68. iShares Russell 2000 Value ETF has a 1-year low of $145.71 and a 1-year high of $183.51. The company has a market cap of $11.84 billion, a PE ratio of 14.54 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.