Ariel Investments LLC Purchases 31,131 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Ariel Investments LLC grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 203.8% in the fourth quarter, HoldingsChannel reports. The fund owned 46,404 shares of the company’s stock after acquiring an additional 31,131 shares during the period. Ariel Investments LLC’s holdings in iShares Russell 2000 Value ETF were worth $7,618,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Jones Financial Companies Lllp boosted its position in iShares Russell 2000 Value ETF by 5.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock valued at $448,141,000 after purchasing an additional 145,085 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF by 4.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,064,259 shares of the company’s stock valued at $338,889,000 after buying an additional 88,449 shares during the last quarter. Brooklyn FI LLC grew its stake in shares of iShares Russell 2000 Value ETF by 6,229.0% in the fourth quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after buying an additional 2,019,640 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Russell 2000 Value ETF by 1.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,219,525 shares of the company’s stock worth $200,209,000 after buying an additional 20,081 shares during the last quarter. Finally, D.A. Davidson & CO. raised its position in iShares Russell 2000 Value ETF by 2.9% during the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after acquiring an additional 30,257 shares in the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $148.65 on Friday. The stock has a market cap of $10.98 billion, a P/E ratio of 12.67 and a beta of 1.07. The company has a fifty day moving average price of $147.79 and a two-hundred day moving average price of $161.99. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $183.51.

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.