Congress Wealth Management LLC DE Trims Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Congress Wealth Management LLC DE cut its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,825 shares of the company’s stock after selling 1,063 shares during the quarter. Congress Wealth Management LLC DE’s holdings in iShares Russell 2000 Value ETF were worth $5,882,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IWN. JPMorgan Chase & Co. boosted its position in shares of iShares Russell 2000 Value ETF by 12.5% during the third quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after buying an additional 70,123 shares during the period. Atomi Financial Group Inc. acquired a new position in iShares Russell 2000 Value ETF during the 4th quarter worth about $207,000. National Bank of Canada FI boosted its holdings in iShares Russell 2000 Value ETF by 4.6% during the 3rd quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock valued at $341,000 after acquiring an additional 90 shares during the period. Assetmark Inc. grew its position in iShares Russell 2000 Value ETF by 13.6% in the 4th quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock valued at $9,911,000 after acquiring an additional 7,211 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its position in iShares Russell 2000 Value ETF by 9.8% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock valued at $420,000 after acquiring an additional 228 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $155.26 on Wednesday. The company’s 50-day simple moving average is $162.18 and its 200-day simple moving average is $166.55. iShares Russell 2000 Value ETF has a 1 year low of $145.71 and a 1 year high of $183.51. The stock has a market capitalization of $11.35 billion, a PE ratio of 13.99 and a beta of 1.18.

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.