NBT Bank N.A. Makes New $516,000 Investment in iShares Russell 2000 Value ETF $IWN

NBT Bank N.A. acquired a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,462 shares of the company’s stock, valued at approximately $516,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Marion Wealth Management raised its position in iShares Russell 2000 Value ETF by 0.9% during the 3rd quarter. Marion Wealth Management now owns 51,950 shares of the company’s stock valued at $10,881,000 after purchasing an additional 439 shares during the last quarter. Crescent Grove Advisors LLC lifted its holdings in iShares Russell 2000 Value ETF by 4.3% in the 3rd quarter. Crescent Grove Advisors LLC now owns 6,084 shares of the company’s stock worth $1,274,000 after buying an additional 249 shares during the period. Magnus Financial Group LLC grew its position in shares of iShares Russell 2000 Value ETF by 1.4% in the 3rd quarter. Magnus Financial Group LLC now owns 3,525 shares of the company’s stock worth $738,000 after buying an additional 50 shares during the last quarter. Fifth Third Securities Inc. grew its position in shares of iShares Russell 2000 Value ETF by 8.1% in the 3rd quarter. Fifth Third Securities Inc. now owns 12,848 shares of the company’s stock worth $2,691,000 after buying an additional 960 shares during the last quarter. Finally, Pinnacle Associates Ltd. grew its position in shares of iShares Russell 2000 Value ETF by 4.2% in the 3rd quarter. Pinnacle Associates Ltd. now owns 4,722 shares of the company’s stock worth $989,000 after buying an additional 191 shares during the last quarter. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

IWN opened at $213.00 on Friday. iShares Russell 2000 Value ETF has a 52-week low of $168.75 and a 52-week high of $227.86. The stock has a market capitalization of $13.87 billion, a PE ratio of 14.35 and a beta of 1.04. The stock’s 50 day moving average price is $216.83 and its 200-day moving average price is $215.35.

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.