Harbor Capital Advisors Inc. Decreases Stake in iShares Russell 2000 Value ETF $IWN

Harbor Capital Advisors Inc. lowered its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 75.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,239 shares of the company’s stock after selling 9,935 shares during the period. Harbor Capital Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $587,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in shares of iShares Russell 2000 Value ETF by 6.7% in the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after purchasing an additional 422,172 shares during the last quarter. TIAA Trust National Association boosted its position in iShares Russell 2000 Value ETF by 62.5% during the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after buying an additional 1,671,191 shares during the period. Envestnet Asset Management Inc. grew its holdings in 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 worth $379,892,000 after acquiring an additional 104,838 shares during the last quarter. D.A. Davidson & CO. grew its holdings in iShares Russell 2000 Value ETF by 2.7% in the 3rd quarter. D.A. Davidson & CO. now owns 1,216,060 shares of the company’s stock worth $215,012,000 after acquiring an additional 31,609 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of iShares Russell 2000 Value ETF by 27.9% in the third quarter. BNP Paribas Financial Markets now owns 650,147 shares of the company’s stock valued at $114,952,000 after acquiring an additional 141,869 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.4%

IWN stock opened at $192.89 on Tuesday. The stock has a market capitalization of $12.67 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The firm’s 50-day moving average price is $194.07 and its two-hundred day moving average price is $186.12. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $203.01.

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.