Kovitz Investment Group Partners LLC Grows Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Kovitz Investment Group Partners LLC boosted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 15.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,319 shares of the company’s stock after purchasing an additional 8,521 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares Russell 2000 Value ETF were worth $9,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Balyasny Asset Management L.P. bought a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $527,000. Envestnet Portfolio Solutions Inc. lifted its stake in iShares Russell 2000 Value ETF by 71.9% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 20,469 shares of the company’s stock worth $3,090,000 after purchasing an additional 8,561 shares during the last quarter. Cloud Capital Management LLC bought a new stake in iShares Russell 2000 Value ETF in the first quarter worth about $38,000. Cary Street Partners Financial LLC bought a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $389,000. Finally, Nuveen Asset Management LLC bought a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $2,115,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $166.61 on Friday. The company has a market cap of $11.22 billion, a P/E ratio of 14.35 and a beta of 1.15. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51. The firm has a 50-day simple moving average of $161.07 and a two-hundred day simple moving average of $155.58.

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.