First Citizens Bank & Trust Co. Reduces Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

First Citizens Bank & Trust Co. lessened its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 14.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,795 shares of the company’s stock after selling 1,503 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares Russell 2000 Value ETF were worth $1,444,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWN. Vaughan Nelson Investment Management L.P. lifted its position in shares of iShares Russell 2000 Value ETF by 1,457.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock valued at $111,012,000 after buying an additional 622,725 shares during the last quarter. Alaska Permanent Fund Corp lifted its position in shares of 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 buying an additional 564,826 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new stake in iShares Russell 2000 Value ETF during the 2nd quarter worth about $70,720,000. Bailard Inc. lifted its holdings in iShares Russell 2000 Value ETF by 789.1% during the 3rd quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after purchasing an additional 449,917 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in iShares Russell 2000 Value ETF by 308.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 264,950 shares of the company’s stock worth $44,199,000 after purchasing an additional 200,069 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $168.28 on Monday. The stock’s 50-day simple moving average is $170.25 and its 200 day simple moving average is $167.14. The stock has a market capitalization of $12.87 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52-week low of $144.75 and a 52-week high of $183.51.

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.