Sanders Morris Harris LLC Acquires New Stake in iShares Russell 2000 Value ETF $IWN

Sanders Morris Harris LLC bought a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,871 shares of the company’s stock, valued at approximately $10,027,000. iShares Russell 2000 Value ETF makes up approximately 1.3% of Sanders Morris Harris LLC’s holdings, making the stock its 17th biggest holding. Sanders Morris Harris LLC owned approximately 0.07% of iShares Russell 2000 Value ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $35,000. Bogart Wealth LLC grew its position in shares of iShares Russell 2000 Value ETF by 219.3% during the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after buying an additional 125 shares during the period. NBH Bank bought a new stake in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at about $40,000. Mascoma Wealth Management LLC raised its position in shares of iShares Russell 2000 Value ETF by 692.9% in the 1st quarter. Mascoma Wealth Management LLC now owns 222 shares of the company’s stock valued at $42,000 after acquiring an additional 194 shares during the period. Finally, MCF Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 39.9% in the second quarter. MCF Advisors LLC now owns 228 shares of the company’s stock worth $50,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

IWN stock traded down $3.28 during midday trading on Wednesday, hitting $207.71. 716,786 shares of the company’s stock were exchanged, compared to its average volume of 714,750. The company has a market cap of $13.54 billion, a PE ratio of 14.35 and a beta of 1.04. The stock’s fifty day moving average price is $219.24 and its 200-day moving average price is $214.35. iShares Russell 2000 Value ETF has a one year low of $168.75 and a one year high of $227.86.

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.