Bridges Investment Management Inc. Buys 14,375 Shares of iShares Russell 2000 Value ETF $IWN

Bridges Investment Management Inc. lifted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 69.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 35,007 shares of the company’s stock after acquiring an additional 14,375 shares during the period. Bridges Investment Management Inc.’s holdings in iShares Russell 2000 Value ETF were worth $6,344,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE raised its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the 2nd 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 in the last quarter. TIAA Trust National Association raised its stake in shares of iShares Russell 2000 Value ETF by 62.5% in the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after acquiring an additional 1,671,191 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 5.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after acquiring an additional 104,838 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares Russell 2000 Value ETF by 2.5% in the 4th quarter. D.A. Davidson & CO. now owns 1,246,342 shares of the company’s stock valued at $225,850,000 after acquiring an additional 30,282 shares in the last quarter. Finally, M&T Bank Corp raised its stake 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 valued at $184,472,000 after acquiring an additional 23,441 shares in the last quarter. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $215.00 on Wednesday. The stock’s 50 day simple moving average is $202.92 and its 200 day simple moving average is $194.05. iShares Russell 2000 Value ETF has a twelve month low of $150.23 and a twelve month high of $215.70. The company has a market capitalization of $13.89 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.