Bank of New York Mellon Corp Raises Position in iShares Russell 2000 Value ETF $IWN

Bank of New York Mellon Corp increased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 38.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 284,106 shares of the company’s stock after buying an additional 78,327 shares during the quarter. Bank of New York Mellon Corp owned about 0.44% of iShares Russell 2000 Value ETF worth $53,864,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWN. Hsbc Holdings PLC raised its stake in shares of iShares Russell 2000 Value ETF by 1,784.5% during the first quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock valued at $162,860,000 after purchasing an additional 813,425 shares during the period. Bank of America Corp DE boosted its stake in shares of 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 during the period. BNP Paribas Financial Markets grew its holdings in iShares Russell 2000 Value ETF by 99.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after purchasing an additional 253,326 shares in the last quarter. Wells Fargo & Company MN increased its stake 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 during the period. Finally, Advisors Preferred LLC lifted its holdings in iShares Russell 2000 Value ETF by 189.6% in 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 in the last quarter. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA:IWN opened at $220.58 on Friday. The firm has a 50-day moving average of $216.50 and a two-hundred day moving average of $203.95. The stock has a market cap of $14.30 billion, a P/E ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 1-year low of $155.54 and a 1-year high of $224.42.

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.