Wellington Management Group LLP Raises Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Wellington Management Group LLP raised its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 29.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 157,330 shares of the company’s stock after purchasing an additional 35,353 shares during the period. Wellington Management Group LLP’s holdings in iShares Russell 2000 Value ETF were worth $25,829,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklyn FI LLC grew its position in shares of iShares Russell 2000 Value ETF by 6,229.0% in the fourth quarter. Brooklyn FI LLC now owns 2,052,063 shares of the company’s stock valued at $350,211,000 after purchasing an additional 2,019,640 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in iShares Russell 2000 Value ETF by 16,463.4% in the 4th quarter. Strategic Financial Concepts LLC now owns 800,673 shares of the company’s stock valued at $131,446,000 after buying an additional 795,839 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth $97,519,000. Victory Capital Management Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 69.0% during the 4th quarter. Victory Capital Management Inc. now owns 537,775 shares of the company’s stock worth $88,287,000 after acquiring an additional 219,475 shares during the period. Finally, M&T Bank Corp boosted its position in shares of iShares Russell 2000 Value ETF by 20.6% during the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock valued at $192,560,000 after acquiring an additional 196,988 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Down 1.4 %

iShares Russell 2000 Value ETF stock opened at $135.15 on Tuesday. The company has a 50-day moving average price of $158.61 and a 200 day moving average price of $165.54. iShares Russell 2000 Value ETF has a 12-month low of $130.28 and a 12-month high of $183.51. The stock has a market cap of $9.88 billion, a P/E ratio of 13.99 and a beta of 1.18.

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.