Comerica Bank Purchases 2,859 Shares of iShares Russell 2000 Value ETF $IWN

Comerica Bank boosted its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 106,952 shares of the company’s stock after purchasing an additional 2,859 shares during the period. Comerica Bank owned about 0.16% of iShares Russell 2000 Value ETF worth $19,381,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IWN. Ransom Advisory Ltd bought a new position in iShares Russell 2000 Value ETF during the 4th quarter worth about $26,000. Eagle Bay Advisors LLC bought a new position in iShares Russell 2000 Value ETF during the 4th quarter worth about $37,000. Cloud Capital Management LLC bought a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth about $45,000. Root Financial Partners LLC bought a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth about $53,000. Finally, Investment Counsel Co. of Nevada bought a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth about $54,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.4%

IWN stock opened at $207.80 on Tuesday. The stock has a 50-day moving average price of $195.66 and a two-hundred day moving average price of $188.81. The stock has a market cap of $13.43 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 1 year low of $141.95 and a 1 year high of $208.80.

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.