Commerce Bank Sells 10,971 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Commerce Bank cut its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 365,226 shares of the company’s stock after selling 10,971 shares during the quarter. Commerce Bank owned 0.48% of iShares Russell 2000 Value ETF worth $60,927,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Mitchell Sinkler & Starr PA bought a new stake in iShares Russell 2000 Value ETF in the second quarter valued at approximately $25,000. Lynx Investment Advisory acquired a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at $26,000. Barrett & Company Inc. increased its position in shares of iShares Russell 2000 Value ETF by 67.4% in the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock valued at $27,000 after buying an additional 64 shares in the last quarter. Richardson Financial Services Inc. raised its stake in iShares Russell 2000 Value ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after buying an additional 95 shares during the period. Finally, Optimum Investment Advisors raised its stake in iShares Russell 2000 Value ETF by 375.0% during the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after buying an additional 150 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.1 %

NYSEARCA:IWN opened at $172.91 on Wednesday. iShares Russell 2000 Value ETF has a 1 year low of $136.85 and a 1 year high of $181.50. The stock has a 50-day moving average price of $167.93 and a two-hundred day moving average price of $161.56. The stock has a market cap of $13.23 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.