594,012 Shares in iShares Russell 2000 Value ETF (NYSEARCA:IWN) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 594,012 shares of the company’s stock, valued at approximately $97,519,000. Raymond James Financial Inc. owned 0.78% of iShares Russell 2000 Value ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in iShares Russell 2000 Value ETF by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after purchasing an additional 70,123 shares during the period. Atomi Financial Group Inc. purchased a new stake in iShares Russell 2000 Value ETF during the 4th quarter worth $207,000. National Bank of Canada FI boosted its position in iShares Russell 2000 Value ETF by 4.6% during the 3rd quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock worth $341,000 after purchasing an additional 90 shares during the period. Crestwood Advisors Group LLC boosted its position in iShares Russell 2000 Value ETF by 20.5% during the 4th quarter. Crestwood Advisors Group LLC now owns 2,055 shares of the company’s stock worth $337,000 after purchasing an additional 350 shares during the period. Finally, Assetmark Inc. boosted its position in iShares Russell 2000 Value ETF by 13.6% during the 4th quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock worth $9,911,000 after purchasing an additional 7,211 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $155.51 on Friday. iShares Russell 2000 Value ETF has a 12 month low of $145.71 and a 12 month high of $183.51. The firm has a market capitalization of $11.27 billion, a P/E ratio of 13.92 and a beta of 1.18. The company’s fifty day moving average price is $164.67 and its two-hundred day moving average price is $167.51.

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.