iShares Russell 2000 Value ETF $IWN Shares Bought by Focus Partners Wealth

Focus Partners Wealth grew its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 25.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 340,890 shares of the company’s stock after purchasing an additional 68,514 shares during the quarter. Focus Partners Wealth owned approximately 0.53% of iShares Russell 2000 Value ETF worth $61,768,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Wealth Advisors LLC acquired a new stake in iShares Russell 2000 Value ETF during the 3rd quarter worth $598,000. Vawter Financial Ltd. acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at about $2,004,000. Confluence Investment Management LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $3,842,000. RPg Family Wealth Advisory LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at about $1,672,000. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter valued at about $9,403,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Down 0.5%

Shares of IWN stock opened at $217.30 on Tuesday. The company’s 50-day moving average price is $207.99 and its 200-day moving average price is $196.85. The stock has a market cap of $14.04 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a twelve month low of $152.07 and a twelve month high of $220.35.

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.