Alliancebernstein L.P. Boosts Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Alliancebernstein L.P. increased its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,722 shares of the company’s stock after acquiring an additional 1,841 shares during the period. Alliancebernstein L.P. owned about 0.11% of iShares Russell 2000 Value ETF worth $13,745,000 as of its most recent SEC filing.

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

iShares Russell 2000 Value ETF Trading Down 2.4 %

NYSEARCA IWN opened at $131.84 on Wednesday. The firm has a market cap of $9.64 billion, a PE ratio of 13.99 and a beta of 1.18. iShares Russell 2000 Value ETF has a 1-year low of $129.98 and a 1-year high of $183.51. The stock has a 50-day moving average of $157.17 and a 200-day moving average of $165.05.

About iShares Russell 2000 Value ETF

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.