Bank of America Corp DE Has $1.19 Billion Stock Position in iShares Russell 2000 Value ETF $IWN

Bank of America Corp DE lowered its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 0.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,709,138 shares of the company’s stock after selling 44,692 shares during the quarter. Bank of America Corp DE owned 10.24% of iShares Russell 2000 Value ETF worth $1,186,243,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IWN. Cloud Capital Management LLC acquired a new stake in iShares Russell 2000 Value ETF during the third quarter worth $45,000. Root Financial Partners LLC bought a new stake in iShares Russell 2000 Value ETF in the 3rd quarter valued at $53,000. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $54,000. Cedar Mountain Advisors LLC raised its stake in shares of iShares Russell 2000 Value ETF by 222.7% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock valued at $55,000 after buying an additional 216 shares in the last quarter. Finally, Semmax Financial Advisors Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 73.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock worth $63,000 after acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of iShares Russell 2000 Value ETF stock opened at $188.14 on Tuesday. The firm has a market cap of $12.08 billion, a P/E ratio of 14.35 and a beta of 1.09. The firm’s 50-day simple moving average is $195.46 and its 200-day simple moving average is $184.71. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $203.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.