Pointe Capital Management LLC Grows Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Pointe Capital Management LLC boosted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 7,500 shares of the company’s stock after acquiring an additional 181 shares during the period. Pointe Capital Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,231,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IWN. Starboard Value LP raised its position in iShares Russell 2000 Value ETF by 5.9% in the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock valued at $226,041,000 after purchasing an additional 75,000 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares Russell 2000 Value ETF by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after purchasing an additional 6,684 shares during the period. M&T Bank Corp grew 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 buying an additional 196,988 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in iShares Russell 2000 Value ETF by 2.9% in the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after acquiring an additional 30,257 shares during the last quarter. Finally, LPL Financial LLC boosted its position in iShares Russell 2000 Value ETF by 23.4% during the 3rd quarter. LPL Financial LLC now owns 1,013,108 shares of the company’s stock valued at $169,007,000 after purchasing an additional 192,439 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.1 %

NYSEARCA IWN opened at $161.55 on Wednesday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The stock has a market cap of $11.87 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17. The company has a 50-day moving average price of $165.75 and a two-hundred day moving average price of $167.67.

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.