Fifth Third Bancorp Has $15.80 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Fifth Third Bancorp reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 96,218 shares of the company’s stock after selling 2,158 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell 2000 Value ETF were worth $15,796,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Alaska Permanent Fund Corp lifted its position in shares of iShares Russell 2000 Value ETF by 66.4% during 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 during the period. Starboard Value LP raised its holdings in shares of iShares Russell 2000 Value ETF by 5.9% during the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock valued at $226,041,000 after purchasing an additional 75,000 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of iShares Russell 2000 Value ETF by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after purchasing an additional 6,684 shares in the last quarter. M&T Bank Corp grew its stake in shares of iShares Russell 2000 Value ETF by 20.6% in the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock valued at $192,560,000 after buying an additional 196,988 shares during the period. Finally, D.A. Davidson & CO. increased its position in iShares Russell 2000 Value ETF by 1.5% in the 3rd quarter. D.A. Davidson & CO. now owns 1,049,996 shares of the company’s stock valued at $175,160,000 after buying an additional 15,867 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $168.28 on Friday. iShares Russell 2000 Value ETF has a 52-week low of $144.75 and a 52-week high of $183.51. The business’s 50 day simple moving average is $170.25 and its two-hundred day simple moving average is $167.03. The firm has a market cap of $12.87 billion, a P/E 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.