Systematic Financial Management LP Raises Holdings in iShares Russell 2000 Value ETF $IWN

Systematic Financial Management LP grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 89.4% in the fourth quarter, HoldingsChannel reports. The firm owned 11,151 shares of the company’s stock after buying an additional 5,263 shares during the quarter. Systematic Financial Management LP’s holdings in iShares Russell 2000 Value ETF were worth $2,021,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. American Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the third quarter valued at about $598,000. Vawter Financial Ltd. purchased a new position in shares of iShares Russell 2000 Value ETF during the third quarter valued at about $2,004,000. Confluence Investment Management LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $3,842,000. CIBC Bancorp USA Inc. bought a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $9,403,000. Finally, RPg Family Wealth Advisory LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $1,672,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $211.31 on Monday. 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 50-day moving average price of $199.72 and a 200 day moving average price of $192.46. The company has a market cap of $13.65 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.