First United Bank & Trust Decreases Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

First United Bank & Trust reduced its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 651 shares of the company’s stock after selling 60 shares during the period. First United Bank & Trust’s holdings in iShares Russell 2000 Value ETF were worth $109,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Financial Concepts LLC raised its position in iShares Russell 2000 Value ETF by 18,036.2% during the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after acquiring an additional 828,944 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $70,720,000. Picton Mahoney Asset Management raised its position in shares of iShares Russell 2000 Value ETF by 103.1% during the 1st quarter. Picton Mahoney Asset Management now owns 325,175 shares of the company’s stock worth $51,642,000 after purchasing an additional 165,046 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in iShares Russell 2000 Value ETF in the 1st quarter valued at approximately $26,071,000. Finally, Cetera Investment Advisers grew its holdings in iShares Russell 2000 Value ETF by 211.6% during the 1st quarter. Cetera Investment Advisers now owns 223,660 shares of the company’s stock valued at $35,519,000 after buying an additional 151,873 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $170.66 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $124.97 and a fifty-two week high of $174.83. The company has a market capitalization of $13.06 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The stock has a fifty day moving average of $163.90 and a two-hundred day moving average of $158.32.

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.