Modera Wealth Management LLC Has $24.01 Million Position in iShares Russell 2000 Value ETF $IWN

Modera Wealth Management LLC decreased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 135,792 shares of the company’s stock after selling 2,828 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $24,009,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of IWN. Brighton Jones LLC increased its stake in shares of iShares Russell 2000 Value ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock worth $595,000 after purchasing an additional 91 shares during the period. Rhumbline Advisers raised its stake in iShares Russell 2000 Value ETF by 50.8% in the 1st quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after purchasing an additional 406 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in iShares Russell 2000 Value ETF by 45.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 8,910 shares of the company’s stock valued at $1,406,000 after purchasing an additional 2,765 shares during the period. Steph & Co. boosted its stake in shares of iShares Russell 2000 Value ETF by 8.5% in the second quarter. Steph & Co. now owns 2,181 shares of the company’s stock valued at $344,000 after buying an additional 171 shares during the period. Finally, ST Germain D J Co. Inc. boosted its stake in shares of iShares Russell 2000 Value ETF by 39.9% in the second quarter. ST Germain D J Co. Inc. now owns 2,976 shares of the company’s stock valued at $469,000 after buying an additional 849 shares during the period. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $195.62 on Friday. The firm has a market cap of $12.67 billion, a PE ratio of 14.35 and a beta of 1.09. The stock’s fifty day moving average price is $185.06 and its two-hundred day moving average price is $176.69. iShares Russell 2000 Value ETF has a one year low of $129.38 and a one year high of $200.74.

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.