DAVENPORT & Co LLC Purchases 8,938 Shares of iShares Russell 2000 Value ETF $IWN

DAVENPORT & Co LLC lifted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 324.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,689 shares of the company’s stock after buying an additional 8,938 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,067,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. First Command Advisory Services Inc. acquired a new position in iShares Russell 2000 Value ETF in the second quarter valued at about $26,000. Marshall & Sullivan Inc. WA bought a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter valued at about $28,000. WPG Advisers LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter valued at approximately $49,000. Semmax Financial Advisors Inc. increased its stake in iShares Russell 2000 Value ETF by 73.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock worth $63,000 after purchasing an additional 165 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $66,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $184.52 on Friday. The firm has a market cap of $12.09 billion, a P/E ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $190.20. The firm’s 50 day moving average price is $180.08 and its two-hundred day moving average price is $172.26.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.