Droms Strauss Advisors Inc. MO ADV Acquires 3,856 Shares of iShares Russell 2000 Value ETF $IWN

Droms Strauss Advisors Inc. MO ADV lifted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,293 shares of the company’s stock after acquiring an additional 3,856 shares during the quarter. iShares Russell 2000 Value ETF accounts for about 1.6% of Droms Strauss Advisors Inc. MO ADV’s holdings, making the stock its 12th largest position. Droms Strauss Advisors Inc. MO ADV owned about 0.05% of iShares Russell 2000 Value ETF worth $6,214,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of IWN. TIAA Trust National Association increased its position in shares of iShares Russell 2000 Value ETF by 62.5% during the 3rd quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after purchasing an additional 1,671,191 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares Russell 2000 Value ETF by 6.7% in the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after buying an additional 422,172 shares during the last quarter. BNP Paribas Financial Markets grew its position in iShares Russell 2000 Value ETF by 99.4% during the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after buying an additional 253,326 shares during the period. Wells Fargo & Company MN grew its position in iShares Russell 2000 Value ETF by 14.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after buying an additional 130,498 shares during the period. Finally, Advisors Preferred LLC increased its holdings in iShares Russell 2000 Value ETF by 189.6% during the fourth quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock worth $33,524,000 after buying an additional 120,027 shares during the last quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $218.33 on Friday. The firm has a market cap of $14.10 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 52 week low of $152.07 and a 52 week high of $219.77. The firm’s 50-day simple moving average is $207.48 and its two-hundred day simple moving average is $196.45.

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.