iShares Russell 2000 Value ETF $IWN Shares Purchased by Wellington Management Group LLP

Wellington Management Group LLP increased its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 138.7% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 325,490 shares of the company’s stock after purchasing an additional 189,108 shares during the period. Wellington Management Group LLP owned approximately 0.50% of iShares Russell 2000 Value ETF worth $71,998,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake 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 valued at $1,065,484,000 after buying an additional 422,172 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of iShares Russell 2000 Value ETF by 2.2% in the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock valued at $241,449,000 after buying an additional 27,187 shares during the period. LPL Financial LLC grew its position in shares of iShares Russell 2000 Value ETF by 9.2% during the fourth quarter. LPL Financial LLC now owns 1,102,636 shares of the company’s stock worth $199,809,000 after buying an additional 92,462 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Russell 2000 Value ETF by 14.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock worth $184,248,000 after buying an additional 130,498 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of iShares Russell 2000 Value ETF by 1,784.5% during the first quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock worth $162,860,000 after buying an additional 813,425 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 1.4%

Shares of NYSEARCA:IWN opened at $223.04 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $168.75 and a fifty-two week high of $227.86. The firm’s 50 day moving average price is $222.79 and its 200 day moving average price is $209.92. The stock has a market cap of $14.42 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.