HighTower Advisors LLC Acquires 2,381 Shares of iShares Russell 2000 Value ETF $IWN

HighTower Advisors LLC boosted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 135,170 shares of the company’s stock after acquiring an additional 2,381 shares during the quarter. HighTower Advisors LLC owned 0.21% of iShares Russell 2000 Value ETF worth $24,494,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. American Wealth Advisors LLC bought a new position in iShares Russell 2000 Value ETF in the third quarter worth approximately $598,000. Vawter Financial Ltd. purchased a new position in iShares Russell 2000 Value ETF during the 3rd quarter worth $2,004,000. Confluence Investment Management LLC bought a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at $3,842,000. Facet Wealth Inc. raised its position in iShares Russell 2000 Value ETF by 5.0% during the 3rd quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock valued at $36,553,000 after purchasing an additional 9,868 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth $9,403,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Trading Up 0.7%

IWN opened at $211.31 on Friday. The business’s fifty day simple moving average is $199.72 and its 200-day simple moving average is $192.35. iShares Russell 2000 Value ETF has a 12-month low of $146.90 and a 12-month high of $213.19. The company has a market capitalization of $13.65 billion, a price-to-earnings 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.