2,679 Shares in iShares Russell 2000 Value ETF $IWN Purchased by Pennington Partners & CO. LLC

Pennington Partners & CO. LLC acquired a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,679 shares of the company’s stock, valued at approximately $508,000.

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

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $221.42 on Friday. The stock has a market capitalization of $14.36 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a one year low of $155.54 and a one year high of $224.42. The business’s fifty day moving average is $216.81 and its 200-day moving average is $204.08.

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.