Bank of New York Mellon Corp lowered its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 8.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,519 shares of the company’s stock after selling 22,681 shares during the period. Bank of New York Mellon Corp owned approximately 0.32% of iShares Russell 2000 Value ETF worth $35,559,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the business. Brooklyn FI LLC raised its stake in shares of iShares Russell 2000 Value ETF by 6,229.0% in the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock worth $350,211,000 after buying an additional 2,019,640 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of iShares Russell 2000 Value ETF by 2,207.2% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,234,460 shares of the company’s stock worth $186,378,000 after acquiring an additional 1,180,955 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of iShares Russell 2000 Value ETF by 6.3% in the 4th quarter. Bank of America Corp DE now owns 6,717,220 shares of the company’s stock worth $1,102,766,000 after acquiring an additional 399,082 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares Russell 2000 Value ETF by 17.8% in the 4th quarter. Wells Fargo & Company MN now owns 1,019,206 shares of the company’s stock worth $167,323,000 after acquiring an additional 154,232 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in shares of iShares Russell 2000 Value ETF by 136.2% in the 4th quarter. Focus Partners Wealth now owns 260,429 shares of the company’s stock worth $42,760,000 after acquiring an additional 150,166 shares during the last quarter. Institutional investors own 74.70% of the company’s stock.
iShares Russell 2000 Value ETF Stock Up 0.3%
Shares of NYSEARCA IWN opened at $165.43 on Tuesday. The stock has a market capitalization of $11.10 billion, a price-to-earnings ratio of 14.35 and a beta of 1.15. The stock’s fifty day simple moving average is $155.33 and its 200 day simple moving average is $155.77. iShares Russell 2000 Value ETF has a 52-week low of $129.38 and a 52-week high of $183.51.
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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