First Business Financial Services Inc. Grows Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

First Business Financial Services Inc. grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 11.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,152 shares of the company’s stock after purchasing an additional 523 shares during the period. First Business Financial Services Inc.’s holdings in iShares Russell 2000 Value ETF were worth $615,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. North Star Investment Management Corp. purchased a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at $28,000. Kistler Tiffany Companies LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth $29,000. Rockefeller Capital Management L.P. lifted its holdings in shares of iShares Russell 2000 Value ETF by 87.7% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 366 shares of the company’s stock worth $44,000 after acquiring an additional 171 shares during the last quarter. Coastal Capital Group Inc. bought a new stake in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth $45,000. Finally, Covington Capital Management lifted its holdings in shares of iShares Russell 2000 Value ETF by 100.5% during the 2nd quarter. Covington Capital Management now owns 401 shares of the company’s stock worth $48,000 after acquiring an additional 201 shares during the last quarter.

Shares of NYSEARCA IWN traded up $0.09 during mid-day trading on Friday, reaching $125.43. 1,060,407 shares of the company were exchanged, compared to its average volume of 853,094. iShares Russell 2000 Value ETF has a 52 week low of $101.57 and a 52 week high of $126.74. The company’s 50 day moving average price is $120.69 and its 200 day moving average price is $119.30.

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.

Further Reading: 52-Week High/Low

Want to see what other hedge funds are holding IWN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Value ETF (NYSEARCA:IWN).

Institutional Ownership by Quarter for iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Receive News & Ratings for iShares Russell 2000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit