Assetmark Inc. Raises Stake in iShares Russell 2000 Value ETF $IWN

Assetmark Inc. boosted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1,500.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 56,769 shares of the company’s stock after buying an additional 53,222 shares during the quarter. Assetmark Inc. owned approximately 0.09% of iShares Russell 2000 Value ETF worth $10,037,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after acquiring an additional 422,172 shares during the period. Zions Bancorporation National Association UT lifted its stake in iShares Russell 2000 Value ETF by 2,421.9% in the second quarter. Zions Bancorporation National Association UT now owns 269,486 shares of the company’s stock valued at $42,514,000 after purchasing an additional 258,800 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in iShares Russell 2000 Value ETF by 99.4% during the second quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after purchasing an additional 253,326 shares during the period. Laurel Wealth Advisors LLC grew its holdings in iShares Russell 2000 Value ETF by 15,292.5% during the second quarter. Laurel Wealth Advisors LLC now owns 239,046 shares of the company’s stock valued at $37,712,000 after purchasing an additional 237,493 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in iShares Russell 2000 Value ETF by 5.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock worth $379,892,000 after buying an additional 104,838 shares during the last quarter. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN opened at $199.97 on Monday. The firm has a market cap of $12.84 billion, a PE ratio of 14.35 and a beta of 1.09. The stock’s fifty day moving average price is $190.87 and its two-hundred day moving average price is $180.33. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $203.01.

iShares Russell 2000 Value ETF 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.