Genesee Capital Advisors LLC Makes New Investment in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Genesee Capital Advisors LLC bought a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 3rd quarter, Holdings Channel reports. The fund bought 19,529 shares of the company’s stock, valued at approximately $3,129,000. iShares Russell 2000 Value ETF accounts for approximately 1.5% of Genesee Capital Advisors LLC’s portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bank of America Corp DE boosted its position in shares of iShares Russell 2000 Value ETF by 4.6% during the 2nd quarter. Bank of America Corp DE now owns 7,639,968 shares of the company’s stock worth $1,266,478,000 after purchasing an additional 335,257 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of iShares Russell 2000 Value ETF by 59.8% during the 2nd quarter. Wells Fargo & Company MN now owns 3,400,979 shares of the company’s stock worth $563,781,000 after buying an additional 1,272,228 shares during the last quarter. TIAA FSB raised its stake in shares of iShares Russell 2000 Value ETF by 19.8% during the 2nd quarter. TIAA FSB now owns 3,374,592 shares of the company’s stock worth $559,406,000 after buying an additional 556,720 shares during the last quarter. Richard Bernstein Advisors LLC raised its stake in shares of iShares Russell 2000 Value ETF by 8.0% during the 2nd quarter. Richard Bernstein Advisors LLC now owns 1,876,187 shares of the company’s stock worth $311,015,000 after buying an additional 138,921 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 0.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,647,128 shares of the company’s stock worth $273,044,000 after buying an additional 13,369 shares during the last quarter.

NYSEARCA:IWN opened at $171.41 on Thursday. iShares Russell 2000 Value ETF has a 52-week low of $122.44 and a 52-week high of $178.19. The stock has a fifty day simple moving average of $166.85 and a 200-day simple moving average of $164.67.

iShares Russell 2000 Value ETF 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.

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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)

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