Pacific Ridge Capital Partners LLC purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,251 shares of the company’s stock, valued at approximately $1,314,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Meridian Wealth Management LLC boosted its holdings in iShares Russell 2000 Value ETF by 18.3% in the fourth quarter. Meridian Wealth Management LLC now owns 8,682 shares of the company’s stock valued at $1,573,000 after acquiring an additional 1,344 shares during the last quarter. Bailard Inc. raised its holdings in shares of iShares Russell 2000 Value ETF by 4.9% during the fourth quarter. Bailard Inc. now owns 69,165 shares of the company’s stock worth $12,533,000 after purchasing an additional 3,260 shares during the period. KLCM Advisors Inc. bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth about $243,000. Pure Financial Advisors LLC grew its position in shares of iShares Russell 2000 Value ETF by 8.7% during the 4th quarter. Pure Financial Advisors LLC now owns 141,735 shares of the company’s stock valued at $25,684,000 after buying an additional 11,314 shares during the last quarter. Finally, NewEdge Wealth LLC raised its stake in iShares Russell 2000 Value ETF by 89.4% during the fourth quarter. NewEdge Wealth LLC now owns 10,715 shares of the company’s stock worth $1,942,000 after acquiring an additional 5,059 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.
iShares Russell 2000 Value ETF Stock Down 0.2%
Shares of NYSEARCA IWN opened at $211.20 on Tuesday. The firm’s 50-day moving average price is $197.19 and its two-hundred day moving average price is $190.59. iShares Russell 2000 Value ETF has a 52-week low of $146.90 and a 52-week high of $213.19. The stock has a market capitalization of $13.64 billion, a P/E ratio of 14.35 and a beta of 1.02.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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