Royal Bank of Canada Boosts Stake in iShares Russell 2000 Value ETF $IWN

Royal Bank of Canada lifted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.9% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 553,944 shares of the company’s stock after acquiring an additional 20,655 shares during the period. Royal Bank of Canada owned 0.86% of iShares Russell 2000 Value ETF worth $105,024,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Operose Advisors LLC increased its stake in shares of 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 worth $28,000 after acquiring an additional 145 shares in the last quarter. Strive Financial Group LLC bought a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth about $31,000. Bogart Wealth LLC boosted its stake in iShares Russell 2000 Value ETF by 219.3% during the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after acquiring an additional 125 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $35,000. Finally, Eagle Bay Advisors LLC purchased a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth about $37,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA IWN opened at $221.24 on Friday. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $224.49. The company has a 50 day simple moving average of $218.23 and a two-hundred day simple moving average of $205.26. The company has a market capitalization of $14.33 billion, a price-to-earnings 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.