CIBC Bancorp USA Inc. Makes New $9.40 Million Investment in iShares Russell 2000 Value ETF $IWN

CIBC Bancorp USA Inc. acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 53,182 shares of the company’s stock, valued at approximately $9,403,000. CIBC Bancorp USA Inc. owned 0.08% of iShares Russell 2000 Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the business. Cloud Capital Management LLC acquired a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth approximately $45,000. Root Financial Partners LLC purchased a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at approximately $53,000. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 Value ETF in the third quarter worth $54,000. Cedar Mountain Advisors LLC increased its position in shares of iShares Russell 2000 Value ETF by 222.7% during the third quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after acquiring an additional 216 shares during the period. Finally, Semmax Financial Advisors Inc. increased its position in shares of iShares Russell 2000 Value ETF by 73.0% during the second 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 Trading Down 1.7%

Shares of NYSEARCA IWN opened at $183.46 on Friday. The stock has a market cap of $11.78 billion, a P/E ratio of 14.35 and a beta of 1.09. The business’s fifty day simple moving average is $195.22 and its 200-day simple moving average is $184.89. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-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.