iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Purchased by Starboard Value LP

Starboard Value LP grew its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 5.9% during the third quarter, Holdings Channel reports. 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 makes up approximately 4.8% of Starboard Value LP’s investment portfolio, making the stock its 11th largest position. Starboard Value LP’s holdings in iShares Russell 2000 Value ETF were worth $226,041,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of IWN. TIAA Trust National Association boosted its position in shares of iShares Russell 2000 Value ETF by 1.9% in the 2nd quarter. TIAA Trust National Association now owns 2,634,629 shares of the company’s stock valued at $398,785,000 after purchasing an additional 49,241 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Russell 2000 Value ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,955,890 shares of the company’s stock valued at $297,882,000 after buying an additional 7,359 shares during the last quarter. Alaska Permanent Fund Corp boosted its holdings in shares of iShares Russell 2000 Value ETF by 66.4% in the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after acquiring an additional 564,826 shares during the period. PNC Financial Services Group Inc. grew its position in shares of iShares Russell 2000 Value ETF by 0.6% during the third quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after acquiring an additional 6,684 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of iShares Russell 2000 Value ETF by 1.5% during the third quarter. D.A. Davidson & CO. now owns 1,049,996 shares of the company’s stock worth $175,160,000 after acquiring an additional 15,867 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $180.33 on Monday. The company has a market cap of $13.80 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The company has a fifty day moving average price of $170.03 and a 200 day moving average price of $162.80. iShares Russell 2000 Value ETF has a 12 month low of $137.88 and a 12 month high of $183.51.

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.