iShares Russell 2000 Value ETF $IWN Shares Purchased by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. boosted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 53.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,781 shares of the company’s stock after acquiring an additional 2,717 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares Russell 2000 Value ETF were worth $1,410,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in 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 worth $1,065,484,000 after buying an additional 422,172 shares in the last quarter. TIAA Trust National Association raised its stake in shares of iShares Russell 2000 Value ETF by 62.5% in the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after purchasing an additional 1,671,191 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 5.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after purchasing an additional 104,838 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of iShares Russell 2000 Value ETF by 2.5% in the 4th quarter. D.A. Davidson & CO. now owns 1,246,342 shares of the company’s stock valued at $225,850,000 after purchasing an additional 30,282 shares in the last quarter. Finally, M&T Bank Corp raised its stake in shares of iShares Russell 2000 Value ETF by 2.4% in the 4th quarter. M&T Bank Corp now owns 1,018,005 shares of the company’s stock valued at $184,472,000 after purchasing an additional 23,441 shares in the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Up 0.6%

Shares of NYSEARCA:IWN opened at $209.79 on Friday. iShares Russell 2000 Value ETF has a fifty-two week low of $146.90 and a fifty-two week high of $213.19. The firm has a 50-day simple moving average of $199.31 and a 200 day simple moving average of $192.22. The company has a market cap of $13.55 billion, a PE ratio of 14.35 and a beta of 1.02.

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.