US Bancorp DE Sells 9,625 Shares of iShares Russell 2000 Value ETF $IWN

US Bancorp DE cut its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 164,847 shares of the company’s stock after selling 9,625 shares during the period. US Bancorp DE’s holdings in iShares Russell 2000 Value ETF were worth $29,147,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after buying an additional 422,172 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares Russell 2000 Value ETF by 5.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after acquiring an additional 104,838 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares Russell 2000 Value ETF by 2.7% in the third quarter. D.A. Davidson & CO. now owns 1,216,060 shares of the company’s stock worth $215,012,000 after acquiring an additional 31,609 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 5.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 707,190 shares of the company’s stock worth $111,566,000 after acquiring an additional 34,397 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in shares of iShares Russell 2000 Value ETF by 1.6% during the third quarter. Cassaday & Co Wealth Management LLC now owns 626,428 shares of the company’s stock worth $110,759,000 after purchasing an additional 9,685 shares in the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

IWN opened at $197.55 on Friday. The company’s 50 day simple moving average is $193.65 and its 200-day simple moving average is $182.77. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $203.01. The stock has a market capitalization of $12.68 billion, a P/E ratio of 14.35 and a beta of 1.09.

About iShares Russell 2000 Value ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.