NewEdge Advisors LLC Boosts Position in iShares Russell 2000 Value ETF $IWN

NewEdge Advisors LLC raised its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 105.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,284 shares of the company’s stock after acquiring an additional 31,485 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $13,556,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IWN. Brighton Jones LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock worth $595,000 after acquiring an additional 91 shares during the last quarter. Rhumbline Advisers increased its stake in iShares Russell 2000 Value ETF by 50.8% in the first quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after purchasing an additional 406 shares during the period. Gamco Investors INC. ET AL purchased a new stake in iShares Russell 2000 Value ETF in the second quarter worth $723,000. Qube Research & Technologies Ltd lifted its position in shares of iShares Russell 2000 Value ETF by 571.9% during the second quarter. Qube Research & Technologies Ltd now owns 10,368 shares of the company’s stock worth $1,636,000 after purchasing an additional 8,825 shares during the last quarter. Finally, Sei Investments Co. lifted its position in shares of iShares Russell 2000 Value ETF by 19.7% during the second quarter. Sei Investments Co. now owns 285,170 shares of the company’s stock worth $44,990,000 after purchasing an additional 46,837 shares during the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Trading Up 0.3%

Shares of IWN opened at $219.69 on Friday. The firm has a fifty day moving average price of $222.92 and a 200-day moving average price of $210.93. The firm has a market capitalization of $14.20 billion, a P/E ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 12-month low of $168.75 and a 12-month high of $227.86.

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.