iShares Russell 2000 Value ETF $IWN is Covenant Partners LLC’s 8th Largest Position

Covenant Partners LLC reduced its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 21.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 36,156 shares of the company’s stock after selling 9,594 shares during the period. iShares Russell 2000 Value ETF comprises approximately 1.8% of Covenant Partners LLC’s investment portfolio, making the stock its 8th largest position. Covenant Partners LLC’s holdings in iShares Russell 2000 Value ETF were worth $6,393,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after acquiring an additional 422,172 shares during the period. Zions Bancorporation National Association UT boosted its position in shares of iShares Russell 2000 Value ETF by 2,421.9% during the 2nd quarter. Zions Bancorporation National Association UT now owns 269,486 shares of the company’s stock worth $42,514,000 after purchasing an additional 258,800 shares during the period. BNP Paribas Financial Markets increased its holdings in iShares Russell 2000 Value ETF by 99.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after purchasing an additional 253,326 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in iShares Russell 2000 Value ETF by 15,292.5% in the second quarter. Laurel Wealth Advisors LLC now owns 239,046 shares of the company’s stock valued at $37,712,000 after purchasing an additional 237,493 shares during the period. Finally, Pacific Life Fund Advisors LLC raised its position in iShares Russell 2000 Value ETF by 19.5% in the second quarter. Pacific Life Fund Advisors LLC now owns 599,286 shares of the company’s stock valued at $94,543,000 after purchasing an additional 97,829 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 0.6%

IWN opened at $191.12 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $191.99. The business has a fifty day simple moving average of $181.32 and a 200-day simple moving average of $174.41. The firm has a market cap of $12.73 billion, a P/E ratio of 14.35 and a beta of 1.09.

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