NewEdge Wealth LLC Has $1.08 Million Stock Holdings in iShares Russell 2000 Value ETF $IWN

NewEdge Wealth LLC decreased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 46.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 5,702 shares of the company’s stock after selling 5,013 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,081,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IWN. Operose Advisors LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 2,071.4% during the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares in the last quarter. Strive Financial Group LLC bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $31,000. Nalls Sherbakoff Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $35,000. Bogart Wealth LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 219.3% in the 1st 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. Finally, Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $37,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $222.16 on Tuesday. The stock’s 50 day simple moving average is $217.13 and its 200 day simple moving average is $204.45. iShares Russell 2000 Value ETF has a one year low of $155.54 and a one year high of $224.42. The firm has a market cap of $14.38 billion, a PE 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.