Forefront Analytics LLC purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,612 shares of the company’s stock, valued at approximately $412,000.
Several other institutional investors also recently added to or reduced their stakes in the stock. TIAA Trust National Association increased its stake in iShares Russell 2000 Value ETF by 3.9% in the 1st quarter. TIAA Trust National Association now owns 2,843,511 shares of the company’s stock worth $429,313,000 after buying an additional 105,613 shares during the period. Alaska Permanent Fund Corp increased its stake in iShares Russell 2000 Value ETF by 94.9% in the 1st quarter. Alaska Permanent Fund Corp now owns 2,402,269 shares of the company’s stock worth $347,849,000 after buying an additional 1,169,735 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares Russell 2000 Value ETF by 1.2% in the 1st quarter. Envestnet Asset Management Inc. now owns 2,088,938 shares of the company’s stock worth $315,388,000 after buying an additional 24,679 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in iShares Russell 2000 Value ETF by 4.5% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,290,410 shares of the company’s stock worth $203,575,000 after buying an additional 55,950 shares during the period. Finally, D.A. Davidson & CO. increased its stake in iShares Russell 2000 Value ETF by 5.0% in the 1st quarter. D.A. Davidson & CO. now owns 1,134,640 shares of the company’s stock worth $171,308,000 after buying an additional 54,387 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.
iShares Russell 2000 Value ETF Price Performance
IWN stock opened at $172.34 on Friday. The company has a market capitalization of $11.59 billion, a PE ratio of 14.35 and a beta of 1.15. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51. The firm’s 50-day moving average is $172.66 and its 200 day moving average is $159.49.
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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