38,321 Shares in iShares Russell 2000 Value ETF $IWN Bought by Wall Capital Group Inc.

Wall Capital Group Inc. acquired a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the third quarter, HoldingsChannel reports. The institutional investor acquired 38,321 shares of the company’s stock, valued at approximately $8,026,000. iShares Russell 2000 Value ETF accounts for approximately 6.6% of Wall Capital Group Inc.’s investment portfolio, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. D.A. Davidson & CO. lifted its stake in shares of iShares Russell 2000 Value ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock valued at $241,449,000 after buying an additional 27,187 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in iShares Russell 2000 Value ETF by 0.4% in the 2nd quarter. Hsbc Holdings PLC now owns 862,739 shares of the company’s stock worth $190,838,000 after buying an additional 3,730 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in iShares Russell 2000 Value ETF by 1.4% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 644,789 shares of the company’s stock worth $122,246,000 after buying an additional 9,139 shares in the last quarter. Royal Bank of Canada increased its stake in iShares Russell 2000 Value ETF by 3.9% in the 1st quarter. Royal Bank of Canada now owns 553,944 shares of the company’s stock worth $105,024,000 after buying an additional 20,655 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in iShares Russell 2000 Value ETF by 138.7% in the 2nd quarter. Wellington Management Group LLP now owns 325,490 shares of the company’s stock worth $71,998,000 after buying an additional 189,108 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Stock Down 1.6%

NYSEARCA:IWN opened at $207.71 on Thursday. The business’s 50-day simple moving average is $218.89 and its two-hundred day simple moving average is $214.48. The stock has a market cap of $13.54 billion, a PE ratio of 14.35 and a beta of 1.04. iShares Russell 2000 Value ETF has a 52 week low of $168.75 and a 52 week high of $227.86.

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.