iShares Russell 2000 Value ETF $IWN Stake Boosted by DAVENPORT & Co LLC

DAVENPORT & Co LLC raised its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 73.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,751 shares of the company’s stock after acquiring an additional 1,167 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Russell 2000 Value ETF were worth $434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. OLD National Bancorp IN purchased a new position in iShares Russell 2000 Value ETF during the 2nd quarter valued at about $319,000. BridgePort Financial Solutions LLC grew its stake in iShares Russell 2000 Value ETF by 5.1% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 2,279 shares of the company’s stock valued at $360,000 after acquiring an additional 110 shares in the last quarter. Accel Wealth Management purchased a new position in iShares Russell 2000 Value ETF during the 2nd quarter valued at about $202,000. Azarias Capital Management L.P. purchased a new position in iShares Russell 2000 Value ETF during the 2nd quarter valued at about $2,823,000. Finally, Corundum Group Inc. grew its stake in iShares Russell 2000 Value ETF by 4.3% during the 2nd quarter. Corundum Group Inc. now owns 42,783 shares of the company’s stock valued at $6,749,000 after acquiring an additional 1,762 shares in the last quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA:IWN opened at $172.34 on Monday. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $183.51. The stock’s 50-day moving average is $172.66 and its two-hundred day moving average is $159.56. The stock has a market cap of $11.59 billion, a PE ratio of 14.35 and a beta of 1.15.

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.