CENTRAL TRUST Co Sells Shares of iShares Russell 2000 Value ETF

CENTRAL TRUST Co has significantly reduced its holdings in the iShares Russell 2000 Value ETF, trading under the ticker NYSEARCA:IWN, by 94.3% during the third quarter of the year. This is detailed in the company's recent filing with the Securities and Exchange Commission (SEC). After selling 17,700 shares, CENTRAL TRUST Co now possesses 1,064 shares of the ETF.

As of the latest reporting period, the valuation of CENTRAL TRUST Co’s stake in the iShares Russell 2000 Value ETF stands at approximately $177,000.

In addition to CENTRAL TRUST Co, several other hedge funds have also made adjustments to their positions in the ETF. Notably, Mitchell Sinkler & Starr PA established a new position in the ETF during the second quarter, investing about $25,000. Lynx Investment Advisory also acquired a new stake in the same quarter, investing roughly $26,000.

Furthermore, Optimum Investment Advisors increased its holdings in the iShares Russell 2000 Value ETF by a substantial 375.0% in the third quarter. They currently own 190 shares after purchasing an additional 150 shares during that time. Similarly, Pacifica Partners Inc. raised its ownership by 177.9% during the third quarter, holding 214 shares now valued at $36,000 after obtaining an extra 137 shares.

Finally, Clearstead Trust LLC expanded its position in the ETF by 75.9% in the first quarter, resulting in ownership of 241 shares valued at $38,000 after acquiring 104 more shares.

iShares Russell 2000 Value ETF Performance Overview

The iShares Russell 2000 Value ETF's stock was priced at $164.67 at the opening on Monday. The ETF boasts a market capitalization of $12.60 billion, with a price-to-earnings (P/E) ratio of 10.79 and a beta of 1.17. The fifty-day moving average for the ETF is $165.15, while the 200-day moving average is $158.89. Over the past year, the ETF has experienced a low of $124.97 and a high of $174.83.

Understanding iShares Russell 2000 Value ETF

The iShares Russell 2000 Value ETF, previously known as iShares Trust Russell 2000, seeks to replicate the investment performance of the Russell 2000 Value Index. This index tracks the performance of smaller companies in the Russell 2000 Index that display lower price-to-book ratios and forecasted growth rates.

Additional Insights

• Alternatives to iShares Russell 2000 Value ETF
• Explaining Consumer Staples Stocks
• Real Estate Sector Overview
• Understanding Earnings Reports
• Latest Performance of Lam Research
• Insights on Stock Splits
• PureCycle's 250% Growth in 2024 – Is it Still a Buy?

For more detailed insights on hedge fund activities related to the IWN ETF, consider visiting a financial reporting service.

Stay updated on the latest news and ratings for iShares Russell 2000 Value ETF by signing up for a daily newsletter.

CENTRAL, TRUST, ETF