MV Capital Management Inc. Makes New $1.47 Million Investment in iShares Russell 2000 Value ETF $IWN

MV Capital Management Inc. bought a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 8,104 shares of the company’s stock, valued at approximately $1,469,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Axxcess Wealth Management LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter worth approximately $978,000. Strive Financial Group LLC acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth $31,000. Mercer Global Advisors Inc. ADV grew its holdings in iShares Russell 2000 Value ETF by 0.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 40,337 shares of the company’s stock valued at $7,310,000 after buying an additional 289 shares in the last quarter. Beacon Pointe Advisors LLC grew its holdings in iShares Russell 2000 Value ETF by 18.3% in the 4th quarter. Beacon Pointe Advisors LLC now owns 61,145 shares of the company’s stock valued at $11,080,000 after buying an additional 9,453 shares in the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth $10,534,000. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Up 1.5%

NYSEARCA IWN opened at $216.87 on Friday. iShares Russell 2000 Value ETF has a 52 week low of $152.07 and a 52 week high of $220.35. The business’s fifty day simple moving average is $209.35 and its 200-day simple moving average is $197.57. The firm has a market cap of $14.01 billion, a PE ratio of 14.35 and a beta of 1.02.

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.