iShares Russell 2000 Value ETF $IWN Stake Decreased by Covenant Partners LLC

Covenant Partners LLC lessened its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,156 shares of the company’s stock after selling 9,594 shares during the period. iShares Russell 2000 Value ETF accounts for approximately 1.8% of Covenant Partners LLC’s investment portfolio, making the stock its 8th biggest position. Covenant Partners LLC owned about 0.05% of iShares Russell 2000 Value ETF worth $6,393,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Assetmark Inc. increased its stake in shares of iShares Russell 2000 Value ETF by 32.0% in the 2nd quarter. Assetmark Inc. now owns 3,547 shares of the company’s stock worth $560,000 after acquiring an additional 859 shares during the last quarter. CW Advisors LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 55.1% in the second quarter. CW Advisors LLC now owns 60,935 shares of the company’s stock valued at $9,613,000 after purchasing an additional 21,648 shares during the period. Cresset Asset Management LLC increased its position in iShares Russell 2000 Value ETF by 18.3% during the second quarter. Cresset Asset Management LLC now owns 50,027 shares of the company’s stock worth $7,892,000 after purchasing an additional 7,749 shares during the last quarter. American Trust acquired a new stake in iShares Russell 2000 Value ETF during the second quarter worth about $462,000. Finally, Steph & Co. raised its stake in iShares Russell 2000 Value ETF by 8.5% during the second quarter. Steph & Co. now owns 2,181 shares of the company’s stock worth $344,000 after purchasing an additional 171 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA:IWN opened at $191.12 on Friday. The company’s 50-day moving average is $181.32 and its two-hundred day moving average is $174.41. iShares Russell 2000 Value ETF has a 1-year low of $129.38 and a 1-year high of $191.99. The firm has a market capitalization of $12.73 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09.

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.