Covenant Partners LLC Has $16.08 Million Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Covenant Partners LLC lessened its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 96,381 shares of the company’s stock after selling 6,553 shares during the quarter. iShares Russell 2000 Value ETF makes up approximately 4.7% of Covenant Partners LLC’s portfolio, making the stock its 7th largest holding. Covenant Partners LLC owned 0.13% of iShares Russell 2000 Value ETF worth $16,078,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. TIAA Trust National Association lifted its stake 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 last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell 2000 Value ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,955,890 shares of the company’s stock valued at $297,882,000 after acquiring an additional 7,359 shares during the last quarter. Alaska Permanent Fund Corp raised its stake in shares of iShares Russell 2000 Value ETF by 66.4% in the 3rd 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 in the last quarter. D.A. Davidson & CO. boosted its position in iShares Russell 2000 Value ETF by 1.7% during the second quarter. D.A. Davidson & CO. now owns 1,034,129 shares of the company’s stock worth $157,498,000 after purchasing an additional 17,193 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in shares of iShares Russell 2000 Value ETF by 18,036.2% in the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock valued at $1,269,000 after purchasing an additional 828,944 shares during the period.

iShares Russell 2000 Value ETF Trading Down 0.7 %

IWN stock traded down $1.12 during midday trading on Friday, hitting $164.67. The stock had a trading volume of 937,514 shares, compared to its average volume of 1,178,526. iShares Russell 2000 Value ETF has a 52 week low of $124.97 and a 52 week high of $174.83. The stock has a 50-day simple moving average of $165.15 and a 200 day simple moving average of $158.87. The firm has a market capitalization of $12.60 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.