JMG Financial Group Ltd. Sells 515 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

JMG Financial Group Ltd. decreased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 19.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,073 shares of the company’s stock after selling 515 shares during the period. JMG Financial Group Ltd.’s holdings in iShares Russell 2000 Value ETF were worth $249,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Shakespeare Wealth Management Inc. raised its stake in iShares Russell 2000 Value ETF by 6.3% in the 1st quarter. Shakespeare Wealth Management Inc. now owns 13,352 shares of the company’s stock valued at $1,601,000 after acquiring an additional 786 shares during the period. William Blair Investment Management LLC acquired a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $21,075,000. King Luther Capital Management Corp acquired a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $254,000. Corient Capital Partners LLC grew its holdings in iShares Russell 2000 Value ETF by 9.7% in the 1st quarter. Corient Capital Partners LLC now owns 14,318 shares of the company’s stock valued at $1,717,000 after buying an additional 1,264 shares in the last quarter. Finally, Lido Advisors LLC acquired a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $299,000.

Shares of IWN traded up $1.38 during trading hours on Friday, hitting $120.50. 2,304,254 shares of the company were exchanged, compared to its average volume of 865,934. iShares Russell 2000 Value ETF has a fifty-two week low of $101.57 and a fifty-two week high of $137.85. The business’s fifty day simple moving average is $118.72.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Tuesday, June 18th were given a dividend of $0.5842 per share. This is an increase from iShares Russell 2000 Value ETF’s previous quarterly dividend of $0.52. This represents a $2.34 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Monday, June 17th.

iShares Russell 2000 Value ETF Company 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.

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Institutional Ownership by Quarter for iShares Russell 2000 Value ETF (NYSEARCA:IWN)

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