Oppenheimer & Co. Inc. Increases Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Oppenheimer & Co. Inc. raised its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 63.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 11,423 shares of the company’s stock after acquiring an additional 4,429 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,906,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. TIAA Trust National Association raised its stake in iShares Russell 2000 Value ETF by 1.9% during the 2nd quarter. TIAA Trust National Association now owns 2,634,629 shares of the company’s stock valued at $398,785,000 after purchasing an additional 49,241 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,955,890 shares of the company’s stock worth $297,882,000 after buying an additional 7,359 shares in the last quarter. Alaska Permanent Fund Corp boosted its position in shares of iShares Russell 2000 Value ETF by 66.4% during the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after acquiring an additional 564,826 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of iShares Russell 2000 Value ETF by 1.7% during the second quarter. D.A. Davidson & CO. now owns 1,034,129 shares of the company’s stock worth $157,498,000 after acquiring an additional 17,193 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in iShares Russell 2000 Value ETF by 18,036.2% during the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after acquiring an additional 828,944 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Down 1.0 %

Shares of IWN stock opened at $172.52 on Monday. The company’s fifty day simple moving average is $167.38 and its two-hundred day simple moving average is $161.29. iShares Russell 2000 Value ETF has a 52 week low of $135.83 and a 52 week high of $181.50. The stock has a market cap of $13.20 billion, a P/E ratio of 10.79 and a beta of 1.17.

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.