Whittier Trust Co. of Nevada Inc. reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 33.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 113,692 shares of the company’s stock after selling 57,933 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in iShares Russell 2000 Value ETF were worth $21,368,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in IWN. TIAA Trust National Association raised its position in shares of iShares Russell 2000 Value ETF by 62.5% during the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after buying an additional 1,671,191 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after buying an additional 422,172 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of iShares Russell 2000 Value ETF by 99.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after buying an additional 253,326 shares in the last quarter. Two Sigma Investments LP raised its position in shares of iShares Russell 2000 Value ETF by 7,566.7% during the 3rd quarter. Two Sigma Investments LP now owns 115,000 shares of the company’s stock valued at $20,333,000 after buying an additional 113,500 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Russell 2000 Value ETF by 5.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after buying an additional 104,838 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors.
iShares Russell 2000 Value ETF Stock Performance
iShares Russell 2000 Value ETF stock opened at $202.26 on Friday. The firm’s fifty day moving average price is $194.71 and its 200-day moving average price is $187.27. The stock has a market cap of $12.97 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a fifty-two week low of $136.29 and a fifty-two week high of $203.01.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Further Reading
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