Royal Fund Management LLC Invests $7.47 Million in iShares Russell 2000 Value ETF $IWN

Royal Fund Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 39,407 shares of the company’s stock, valued at approximately $7,471,000.

Other large investors also recently bought and sold shares of the company. Operose Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 2,071.4% in the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after acquiring an additional 145 shares during the last quarter. Strive Financial Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $31,000. Bogart Wealth LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 219.3% during the 1st quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after purchasing an additional 125 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $35,000. Finally, Eagle Bay Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Down 1.1%

Shares of IWN opened at $221.60 on Thursday. iShares Russell 2000 Value ETF has a 52-week low of $155.54 and a 52-week high of $224.49. The stock has a fifty day simple moving average of $217.79 and a two-hundred day simple moving average of $204.93. The company has a market capitalization of $14.35 billion, a PE ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Company 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.