Starboard Value LP Increases Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Starboard Value LP grew its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,355,000 shares of the company’s stock after purchasing an additional 75,000 shares during the period. iShares Russell 2000 Value ETF comprises about 4.8% of Starboard Value LP’s portfolio, making the stock its 11th biggest position. Starboard Value LP owned about 1.77% of iShares Russell 2000 Value ETF worth $226,041,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. FSA Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at $9,602,000. Ironwood Investment Counsel LLC purchased a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth about $202,000. Capstone Investment Advisors LLC acquired a new stake in iShares Russell 2000 Value ETF in the 3rd quarter valued at about $231,000. Teachers Insurance & Annuity Association of America purchased a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $583,000. Finally, CreativeOne Wealth LLC grew its position in shares of iShares Russell 2000 Value ETF by 3.3% during the third quarter. CreativeOne Wealth LLC now owns 12,200 shares of the company’s stock worth $2,035,000 after buying an additional 386 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $180.33 on Monday. iShares Russell 2000 Value ETF has a fifty-two week low of $137.88 and a fifty-two week high of $183.51. The company’s 50 day moving average price is $170.03 and its 200 day moving average price is $162.80. The firm has a market capitalization of $13.80 billion, a price-to-earnings ratio of 10.79 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.