Sei Investments Co. Has $48.91 Million Position in iShares Russell 2000 Value ETF $IWN

Sei Investments Co. lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 257,968 shares of the company’s stock after selling 10,649 shares during the period. Sei Investments Co. owned about 0.40% of iShares Russell 2000 Value ETF worth $48,912,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in 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 acquiring an additional 422,172 shares during the last quarter. D.A. Davidson & CO. raised its holdings in iShares Russell 2000 Value ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock worth $241,449,000 after purchasing an additional 27,187 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares Russell 2000 Value ETF by 9.2% in the 4th quarter. LPL Financial LLC now owns 1,102,636 shares of the company’s stock worth $199,809,000 after purchasing an additional 92,462 shares during the period. M&T Bank Corp lifted its position in shares of iShares Russell 2000 Value ETF by 2.4% in the 4th quarter. M&T Bank Corp now owns 1,018,005 shares of the company’s stock worth $184,472,000 after purchasing an additional 23,441 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of 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 worth $184,248,000 after purchasing an additional 130,498 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $221.42 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $155.54 and a 52 week high of $224.42. The firm’s fifty day moving average is $216.81 and its 200-day moving average is $204.08. The firm has a market cap of $14.36 billion, a P/E ratio of 14.35 and a beta of 1.01.

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.