Sanders Morris Harris LLC Acquires New Shares in iShares Russell 2000 Value ETF $IWN

Sanders Morris Harris LLC bought a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 47,871 shares of the company’s stock, valued at approximately $10,027,000. iShares Russell 2000 Value ETF accounts for about 1.3% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 17th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWN. Friday Financial grew its stake in iShares Russell 2000 Value ETF by 32.1% in the 3rd quarter. Friday Financial now owns 3,178 shares of the company’s stock valued at $669,000 after buying an additional 773 shares during the last quarter. Fell Capital Management ADV grew its position in shares of iShares Russell 2000 Value ETF by 0.8% during the 3rd quarter. Fell Capital Management ADV now owns 27,420 shares of the company’s stock worth $5,743,000 after purchasing an additional 205 shares in the last quarter. Wedmont Private Capital bought a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at approximately $1,029,000. Diversified Management Inc. increased its stake in iShares Russell 2000 Value ETF by 3.8% during the 3rd quarter. Diversified Management Inc. now owns 1,464 shares of the company’s stock worth $307,000 after acquiring an additional 54 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 0.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 21,628 shares of the company’s stock worth $4,530,000 after purchasing an additional 147 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of iShares Russell 2000 Value ETF stock traded down $3.28 on Wednesday, reaching $207.71. 716,786 shares of the stock were exchanged, compared to its average volume of 714,750. The firm’s 50 day moving average is $219.24 and its 200-day moving average is $214.35. iShares Russell 2000 Value ETF has a one year low of $168.75 and a one year high of $227.86. The firm has a market cap of $13.54 billion, a PE ratio of 14.35 and a beta of 1.04.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.