Fayez Sarofim & Co Purchases Shares of 1,358 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Fayez Sarofim & Co acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,358 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in iShares Russell 2000 Value ETF by 5.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock worth $448,141,000 after purchasing an additional 145,085 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell 2000 Value ETF by 4.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,064,259 shares of the company’s stock valued at $338,889,000 after acquiring an additional 88,449 shares in the last quarter. Brooklyn FI LLC lifted its position in shares of iShares Russell 2000 Value ETF by 6,229.0% during the 4th quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after acquiring an additional 2,019,640 shares during the period. PNC Financial Services Group Inc. boosted its stake in iShares Russell 2000 Value ETF by 1.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,219,525 shares of the company’s stock worth $200,209,000 after acquiring an additional 20,081 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in iShares Russell 2000 Value ETF by 2.9% in the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock valued at $177,345,000 after purchasing an additional 30,257 shares in the last quarter.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $141.26 on Wednesday. The company’s 50-day moving average is $150.97 and its 200-day moving average is $163.07. The stock has a market capitalization of $10.43 billion, a PE ratio of 12.67 and a beta of 1.07. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51.

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.