Fifth Third Bancorp Buys 97,720 Shares of iShares Russell 2000 Value ETF $IWN

Fifth Third Bancorp lifted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 115.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 182,001 shares of the company’s stock after buying an additional 97,720 shares during the period. Fifth Third Bancorp’s holdings in iShares Russell 2000 Value ETF were worth $34,506,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its holdings in iShares Russell 2000 Value ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after acquiring an additional 91 shares during the period. Rhumbline Advisers grew its position in iShares Russell 2000 Value ETF by 50.8% during the 1st quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after acquiring an additional 406 shares during the last quarter. Gamco Investors INC. ET AL purchased a new position in iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $723,000. Qube Research & Technologies Ltd increased its stake in iShares Russell 2000 Value ETF by 571.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 10,368 shares of the company’s stock worth $1,636,000 after purchasing an additional 8,825 shares during the period. Finally, Sei Investments Co. lifted its position in iShares Russell 2000 Value ETF by 19.7% in the second quarter. Sei Investments Co. now owns 285,170 shares of the company’s stock valued at $44,990,000 after purchasing an additional 46,837 shares during the last quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $219.97 on Monday. The company has a market capitalization of $14.28 billion, a P/E ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $223.90. The stock has a 50 day moving average price of $214.47 and a two-hundred day moving average price of $201.54.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.