D.A. Davidson & CO. Acquires 30,282 Shares of iShares Russell 2000 Value ETF $IWN

D.A. Davidson & CO. raised its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,246,342 shares of the company’s stock after buying an additional 30,282 shares during the quarter. iShares Russell 2000 Value ETF accounts for about 1.4% of D.A. Davidson & CO.’s investment portfolio, making the stock its 9th largest position. D.A. Davidson & CO. owned about 1.92% of iShares Russell 2000 Value ETF worth $225,850,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Corp acquired a new stake in iShares Russell 2000 Value ETF in the 3rd quarter valued at approximately $9,463,000. American Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $598,000. Confluence Investment Management LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $3,842,000. Farther Finance Advisors LLC lifted its position in shares of iShares Russell 2000 Value ETF by 67.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 8,742 shares of the company’s stock worth $1,546,000 after acquiring an additional 3,513 shares during the period. Finally, Facet Wealth Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock worth $36,553,000 after acquiring an additional 9,868 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $206.96 on Monday. The stock has a 50 day moving average of $195.50 and a two-hundred day moving average of $188.60. iShares Russell 2000 Value ETF has a 12 month low of $141.95 and a 12 month high of $208.80. The company has a market capitalization of $13.38 billion, a P/E ratio of 14.35 and a beta of 1.02.

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.