iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Bought by Rhumbline Advisers

Rhumbline Advisers boosted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 92.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,688 shares of the company’s stock after purchasing an additional 4,643 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell 2000 Value ETF were worth $1,162,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Nalls Sherbakoff Group LLC bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth about $31,000. Pinnacle Bank bought a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at approximately $35,000. Barnett & Company Inc. bought a new stake in iShares Russell 2000 Value ETF during the 1st quarter valued at approximately $36,000. Deutsche Bank AG bought a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at approximately $38,000. Finally, ERTS Wealth Advisors LLC bought a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at approximately $41,000.

NYSEARCA IWN traded up $0.47 during trading on Monday, hitting $120.97. 873,786 shares of the stock traded hands, compared to its average volume of 865,997. The company has a 50-day moving average of $118.56. iShares Russell 2000 Value ETF has a 12-month low of $101.57 and a 12-month high of $137.85.

The company also recently declared a quarterly dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a dividend of $0.5842 per share. This represents a $2.34 annualized dividend and a yield of 1.93%. The ex-dividend date of this dividend was Monday, June 17th. This is a boost from iShares Russell 2000 Value ETF’s previous quarterly dividend of $0.52.

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

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