Brown Brothers Harriman & Co. Raises Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Brown Brothers Harriman & Co. raised its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1,112.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,124 shares of the company’s stock after buying an additional 3,784 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares Russell 2000 Value ETF were worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Smith Thornton Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the second quarter worth about $491,000. Wealth Alliance purchased a new position in iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $275,000. Brookstone Capital Management increased its holdings in shares of iShares Russell 2000 Value ETF by 2.1% in the 2nd quarter. Brookstone Capital Management now owns 38,696 shares of the company’s stock worth $6,534,000 after buying an additional 787 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of iShares Russell 2000 Value ETF by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 10,861 shares of the company’s stock worth $1,725,000 after buying an additional 95 shares during the last quarter. Finally, Citizens Financial Group Inc. RI raised its position in shares of iShares Russell 2000 Value ETF by 19.9% during the 2nd quarter. Citizens Financial Group Inc. RI now owns 4,736 shares of the company’s stock valued at $721,000 after buying an additional 786 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $179.75 on Wednesday. The firm has a market capitalization of $13.75 billion, a PE ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 52-week low of $136.85 and a 52-week high of $183.51. The firm has a fifty day moving average of $169.33 and a 200 day moving average of $162.32.

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.