Lake Street Financial LLC Invests $3.42 Million in iShares Russell 2000 Value ETF (NYSEARCA:IWN) Stock

Lake Street Financial LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 28,502 shares of the company’s stock, valued at approximately $3,417,000. iShares Russell 2000 Value ETF accounts for about 2.3% of Lake Street Financial LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other institutional investors have also recently made changes to their positions in IWN. Alliancebernstein L.P. raised its position in iShares Russell 2000 Value ETF by 31.2% in the third quarter. Alliancebernstein L.P. now owns 40,475 shares of the company’s stock worth $5,383,000 after acquiring an additional 9,633 shares in the last quarter. BlackRock Inc. raised its holdings in iShares Russell 2000 Value ETF by 6.2% during the 3rd quarter. BlackRock Inc. now owns 448,191 shares of the company’s stock worth $59,609,000 after buying an additional 26,255 shares during the period. Credit Suisse AG acquired a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth about $1,639,000. Allianz Asset Management GmbH raised its holdings in iShares Russell 2000 Value ETF by 60.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,542 shares of the company’s stock worth $604,000 after buying an additional 1,716 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in iShares Russell 2000 Value ETF by 0.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 138,412 shares of the company’s stock worth $18,410,000 after buying an additional 665 shares during the period.

NYSEARCA IWN opened at $126.02 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $101.57 and a 1 year high of $137.85.

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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.

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

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