Valmark Advisers Inc. boosted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 58.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,395 shares of the company’s stock after acquiring an additional 886 shares during the period. Valmark Advisers Inc.’s holdings in iShares Russell 2000 Value ETF were worth $378,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in IWN. Brighton Jones LLC boosted its holdings in iShares Russell 2000 Value ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after acquiring an additional 91 shares during the last quarter. Rhumbline Advisers boosted its holdings in iShares Russell 2000 Value ETF by 50.8% in the first quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock valued at $182,000 after acquiring an additional 406 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in iShares Russell 2000 Value ETF by 26.8% in the first quarter. Farther Finance Advisors LLC now owns 5,698 shares of the company’s stock valued at $860,000 after acquiring an additional 1,206 shares during the last quarter. Simplicity Wealth LLC bought a new position in iShares Russell 2000 Value ETF in the first quarter valued at about $302,000. Finally, SG Americas Securities LLC bought a new position in iShares Russell 2000 Value ETF in the first quarter valued at about $520,000. Institutional investors own 74.70% of the company’s stock.
iShares Russell 2000 Value ETF Stock Down 3.0%
iShares Russell 2000 Value ETF stock opened at $172.34 on Friday. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $183.51. The stock has a market cap of $11.59 billion, a price-to-earnings ratio of 14.35 and a beta of 1.15. The business’s 50-day simple moving average is $172.66 and its 200 day simple moving average is $159.49.
About iShares Russell 2000 Value ETF
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.
Further Reading
- Five stocks we like better than iShares Russell 2000 Value ETF
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- 3 Heavily Shorted Stocks That Could Pop on Rate Cuts
- Do ETFs Pay Dividends? What You Need to Know
- Broadcom Gets Second $420 Target as CPO Win Boosts Outlook
- Quiet Period Expirations Explained
- PepsiCo’s Deep Discount Will Soon Evaporate: Buy It While You Can
Want to see what other hedge funds are holding IWN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report).
Receive News & Ratings for iShares Russell 2000 Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell 2000 Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.