Magnus Financial Group LLC Sells 891 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Magnus Financial Group LLC trimmed its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,895 shares of the company’s stock after selling 891 shares during the period. Magnus Financial Group LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,226,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in IWN. Pflug Koory LLC purchased a new position in iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $28,000. Wolverine Asset Management LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $31,000. Blue Trust Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 275.7% in the 4th quarter. Blue Trust Inc. now owns 278 shares of the company’s stock worth $43,000 after buying an additional 204 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth about $47,000. Finally, DT Investment Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $48,000.

iShares Russell 2000 Value ETF Trading Up 0.6 %

IWN opened at $151.14 on Monday. The stock has a 50-day moving average of $152.71 and a 200 day moving average of $146.81. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $159.81. The firm has a market cap of $11.74 billion, a P/E ratio of 10.45 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.