MAI Capital Management Has $44.92 Million Stock Position in iShares Russell 2000 Value ETF $IWN

MAI Capital Management reduced its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,083 shares of the company’s stock after selling 3,096 shares during the quarter. MAI Capital Management owned 0.39% of iShares Russell 2000 Value ETF worth $44,924,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after buying an additional 422,172 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares Russell 2000 Value ETF by 5.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock worth $379,892,000 after buying an additional 104,838 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of iShares Russell 2000 Value ETF by 2.7% in the 3rd quarter. D.A. Davidson & CO. now owns 1,216,060 shares of the company’s stock valued at $215,012,000 after purchasing an additional 31,609 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of iShares Russell 2000 Value ETF by 5.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 707,190 shares of the company’s stock worth $111,566,000 after buying an additional 34,397 shares during the period. Finally, Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Value ETF by 1.6% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 626,428 shares of the company’s stock valued at $110,759,000 after purchasing an additional 9,685 shares during the period. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Up 0.8%

Shares of IWN opened at $198.86 on Wednesday. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $203.01. The company has a 50 day moving average of $192.73 and a 200-day moving average of $182.27. The stock has a market capitalization of $12.77 billion, a P/E ratio of 14.35 and a beta of 1.09.

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