GAMMA Investing LLC Invests $98,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

GAMMA Investing LLC purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, HoldingsChannel reports. The fund purchased 662 shares of the company’s stock, valued at approximately $98,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWN. Pflug Koory LLC purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth about $28,000. Blue Trust Inc. raised its stake in iShares Russell 2000 Value ETF by 275.7% during the fourth quarter. Blue Trust Inc. now owns 278 shares of the company’s stock worth $43,000 after purchasing an additional 204 shares during the period. DT Investment Partners LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $48,000. Sheets Smith Wealth Management purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth about $47,000. Finally, GPS Wealth Strategies Group LLC raised its stake in iShares Russell 2000 Value ETF by 37.0% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 370 shares of the company’s stock worth $57,000 after purchasing an additional 100 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN opened at $151.14 on Monday. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $159.81. The stock has a market cap of $11.74 billion, a PE ratio of 10.45 and a beta of 1.17. The firm has a 50-day simple moving average of $152.71 and a two-hundred day simple moving average of $146.81.

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.