River Road Asset Management LLC Invests $1.28 Million in iShares Russell 2000 Value ETF $IWN

River Road Asset Management LLC acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,064 shares of the company’s stock, valued at approximately $1,280,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. TIAA Trust National Association boosted its stake in 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 worth $767,246,000 after buying an additional 1,671,191 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares Russell 2000 Value ETF by 6.7% during 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 last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares Russell 2000 Value ETF by 99.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock worth $80,186,000 after acquiring an additional 253,326 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of iShares Russell 2000 Value ETF by 14.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock worth $184,248,000 after acquiring an additional 130,498 shares during the period. Finally, Advisors Preferred LLC boosted its position in shares of iShares Russell 2000 Value ETF by 189.6% in the fourth quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock worth $33,524,000 after acquiring an additional 120,027 shares during the last quarter. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $216.87 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $152.07 and a 1 year high of $220.35. The firm has a 50 day moving average price of $209.72 and a 200 day moving average price of $197.70. The company has a market cap of $14.01 billion, a price-to-earnings 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.