95,768 Shares in iShares Russell 2000 Value ETF (NYSEARCA:IWN) Bought by LHM Inc.

LHM Inc. acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 95,768 shares of the company’s stock, valued at approximately $15,722,000. iShares Russell 2000 Value ETF makes up approximately 5.0% of LHM Inc.’s investment portfolio, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in iShares Russell 2000 Value ETF by 5.6% in the 4th quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock valued at $448,141,000 after purchasing an additional 145,085 shares during the last quarter. Starboard Value LP increased its stake in iShares Russell 2000 Value ETF by 5.9% during the 3rd quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after buying an additional 75,000 shares during the period. PNC Financial Services Group Inc. increased its stake in iShares Russell 2000 Value ETF by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after buying an additional 6,684 shares during the period. M&T Bank Corp increased its stake in 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 worth $192,560,000 after buying an additional 196,988 shares during the period. Finally, D.A. Davidson & CO. increased its stake in iShares Russell 2000 Value ETF by 2.9% during the 4th quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after buying an additional 30,257 shares during the period.

iShares Russell 2000 Value ETF Stock Up 0.8 %

Shares of IWN opened at $156.66 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $145.71 and a fifty-two week high of $183.51. The firm’s 50 day moving average price is $165.08 and its 200 day moving average price is $167.61. The company has a market cap of $11.51 billion, a P/E ratio of 14.54 and a beta of 1.17.

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.