Alamar Capital Management LLC Buys Shares of 13,934 iShares Russell 2000 Value ETF $IWN

Alamar Capital Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,934 shares of the company’s stock, valued at approximately $2,642,000. iShares Russell 2000 Value ETF comprises about 1.6% of Alamar Capital Management LLC’s portfolio, making the stock its 13th biggest position.

Several other hedge funds also recently made changes to their positions in IWN. Hsbc Holdings PLC lifted its position in shares of iShares Russell 2000 Value ETF by 1,784.5% in the first quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock worth $162,860,000 after purchasing an additional 813,425 shares in the last quarter. Bank of America Corp DE grew its position in iShares Russell 2000 Value ETF by 6.7% in the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after purchasing an additional 422,172 shares in the last quarter. BNP Paribas Financial Markets increased its stake in iShares Russell 2000 Value ETF by 99.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after buying an additional 253,326 shares during the last quarter. Wells Fargo & Company MN lifted its position in iShares Russell 2000 Value ETF by 14.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock worth $184,248,000 after buying an additional 130,498 shares in the last quarter. Finally, Advisors Preferred LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 189.6% during the 4th quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock worth $33,524,000 after buying an additional 120,027 shares during the last quarter. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Trading Down 0.4%

Shares of IWN opened at $222.05 on Thursday. The company’s fifty day simple moving average is $216.29 and its 200 day simple moving average is $203.69. iShares Russell 2000 Value ETF has a 1-year low of $155.54 and a 1-year high of $224.42. The company has a market cap of $14.42 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF 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.