NewEdge Wealth LLC grew its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 89.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,715 shares of the company’s stock after acquiring an additional 5,059 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,942,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the stock. BHK Investment Advisors LLC boosted its holdings in iShares Russell 2000 Value ETF by 7.1% in the fourth quarter. BHK Investment Advisors LLC now owns 12,892 shares of the company’s stock worth $2,336,000 after acquiring an additional 852 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $469,000. International Assets Investment Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $186,000. Coston McIsaac & Partners raised its stake in shares of iShares Russell 2000 Value ETF by 30.1% in the fourth quarter. Coston McIsaac & Partners now owns 597 shares of the company’s stock worth $108,000 after purchasing an additional 138 shares during the last quarter. Finally, Diversify Wealth Management LLC raised its stake in shares of iShares Russell 2000 Value ETF by 6.7% in the fourth quarter. Diversify Wealth Management LLC now owns 2,976 shares of the company’s stock worth $571,000 after purchasing an additional 187 shares during the last quarter. 74.70% of the stock is owned by institutional investors.
iShares Russell 2000 Value ETF Price Performance
IWN stock opened at $209.24 on Thursday. iShares Russell 2000 Value ETF has a 1-year low of $146.90 and a 1-year high of $213.19. The business has a fifty day moving average price of $197.64 and a 200-day moving average price of $191.02. The stock has a market capitalization of $13.52 billion, a P/E ratio of 14.35 and a beta of 1.02.
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. 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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