JPMorgan Chase & Co. Sells 15,009 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

JPMorgan Chase & Co. reduced its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 8.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,278 shares of the company’s stock after selling 15,009 shares during the quarter. JPMorgan Chase & Co. owned 0.21% of iShares Russell 2000 Value ETF worth $18,858,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $31,000. Pinnacle Bank bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $35,000. Barnett & Company Inc. bought a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter worth approximately $36,000. Deutsche Bank AG bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $38,000. Finally, ERTS Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $41,000.

IWN stock traded down $0.29 on Wednesday, reaching $117.24. 542,181 shares of the company traded hands, compared to its average volume of 855,892. iShares Russell 2000 Value ETF has a one year low of $101.57 and a one year high of $137.85. The firm’s fifty day simple moving average is $118.86.

The firm also recently announced a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were paid a dividend of $0.5842 per share. This represents a $2.34 annualized dividend and a yield of 1.99%. This is an increase from iShares Russell 2000 Value ETF’s previous quarterly dividend of $0.52. The ex-dividend date was Monday, June 17th.

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.

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

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