Teachers Insurance & Annuity Association of America Acquires New Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Teachers Insurance & Annuity Association of America bought a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 3,494 shares of the company’s stock, valued at approximately $583,000. iShares Russell 2000 Value ETF accounts for about 0.9% of Teachers Insurance & Annuity Association of America’s investment portfolio, making the stock its 23rd largest position.

Several other institutional investors have also recently added to or reduced their stakes in the company. Mitchell Sinkler & Starr PA acquired a new stake in shares of iShares Russell 2000 Value ETF during the second quarter worth $25,000. Barrett & Company Inc. boosted its stake in iShares Russell 2000 Value ETF by 67.4% in the 3rd quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after buying an additional 64 shares during the last quarter. Lynx Investment Advisory purchased a new stake in iShares Russell 2000 Value ETF in the 2nd quarter valued at about $26,000. Loomis Sayles & Co. L P acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at about $29,000. Finally, Optimum Investment Advisors increased its stake in shares of iShares Russell 2000 Value ETF by 375.0% during the 3rd quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after acquiring an additional 150 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock traded up $0.39 during trading on Thursday, reaching $180.14. The company had a trading volume of 764,825 shares, compared to its average volume of 1,163,227. iShares Russell 2000 Value ETF has a 12-month low of $136.85 and a 12-month high of $183.51. The stock’s 50 day moving average price is $169.59 and its two-hundred day moving average price is $162.45. The firm has a market capitalization of $13.78 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.