Sanders Morris Harris LLC Buys New Shares in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Sanders Morris Harris LLC acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 31,555 shares of the company’s stock, valued at approximately $5,180,000. iShares Russell 2000 Value ETF makes up about 0.8% of Sanders Morris Harris LLC’s holdings, making the stock its 23rd largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Alaska Permanent Fund Corp lifted its stake in iShares Russell 2000 Value ETF by 66.4% in the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after acquiring an additional 564,826 shares during the last quarter. Starboard Value LP raised its holdings in shares of iShares Russell 2000 Value ETF by 5.9% in the 3rd quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock valued at $226,041,000 after purchasing an additional 75,000 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares Russell 2000 Value ETF by 0.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock valued at $200,091,000 after purchasing an additional 6,684 shares during the last quarter. M&T Bank Corp grew its holdings in iShares Russell 2000 Value ETF by 20.6% during the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after purchasing an additional 196,988 shares during the period. Finally, D.A. Davidson & CO. increased its position in iShares Russell 2000 Value ETF by 1.5% during the third quarter. D.A. Davidson & CO. now owns 1,049,996 shares of the company’s stock worth $175,160,000 after buying an additional 15,867 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $166.80 on Thursday. iShares Russell 2000 Value ETF has a 1 year low of $144.20 and a 1 year high of $183.51. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The business has a fifty day simple moving average of $171.73 and a two-hundred day simple moving average of $166.33.

iShares Russell 2000 Value ETF 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.