iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Purchased by Dravo Bay LLC

Dravo Bay LLC boosted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 40.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,411 shares of the company’s stock after purchasing an additional 1,563 shares during the quarter. Dravo Bay LLC’s holdings in iShares Russell 2000 Value ETF were worth $840,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Stevens Capital Partners boosted its position in shares of iShares Russell 2000 Value ETF by 23.9% in the 4th quarter. Stevens Capital Partners now owns 20,089 shares of the company’s stock worth $3,120,000 after buying an additional 3,869 shares in the last quarter. Welch & Forbes LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 3.8% in the fourth quarter. Welch & Forbes LLC now owns 3,559 shares of the company’s stock valued at $553,000 after purchasing an additional 129 shares in the last quarter. Apollon Wealth Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $443,000. Lincoln National Corp increased its stake in shares of iShares Russell 2000 Value ETF by 15.1% during the 4th quarter. Lincoln National Corp now owns 8,473 shares of the company’s stock worth $1,316,000 after purchasing an additional 1,112 shares in the last quarter. Finally, Idaho Trust Bank raised its position in shares of iShares Russell 2000 Value ETF by 17.0% during the 4th quarter. Idaho Trust Bank now owns 34,132 shares of the company’s stock worth $5,302,000 after purchasing an additional 4,970 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA:IWN traded down $0.33 during trading hours on Wednesday, reaching $155.30. 1,819,887 shares of the company traded hands, compared to its average volume of 1,323,200. The firm’s 50-day moving average is $152.92 and its 200-day moving average is $147.85. The stock has a market cap of $12.07 billion, a P/E ratio of 10.45 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $159.81.

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.