Farther Finance Advisors LLC raised its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) by 41.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,357 shares of the company’s stock after acquiring an additional 3,615 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,239,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWN. Ransom Advisory Ltd acquired a new position in iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Eagle Bay Advisors LLC acquired a new position in iShares Russell 2000 Value ETF in the 4th quarter valued at $37,000. Cloud Capital Management LLC acquired a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at $45,000. Root Financial Partners LLC acquired a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at $53,000. Finally, Investment Counsel Co. of Nevada acquired a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at $54,000. 74.70% of the stock is owned by institutional investors and hedge funds.
iShares Russell 2000 Value ETF Price Performance
Shares of NYSEARCA IWN opened at $206.45 on Monday. The stock has a market capitalization of $13.24 billion, a PE ratio of 14.35 and a beta of 1.02. The business has a fifty day moving average price of $194.83 and a two-hundred day moving average price of $187.62. iShares Russell 2000 Value ETF has a fifty-two week low of $136.29 and a fifty-two week high of $208.08.
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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
Further Reading
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