Simplicity Wealth LLC Buys Shares of 2,000 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Simplicity Wealth LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 1st quarter, HoldingsChannel reports. The firm purchased 2,000 shares of the company’s stock, valued at approximately $302,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its position in iShares Russell 2000 Value ETF by 109.7% in the 1st quarter. Harbor Capital Advisors Inc. now owns 47,808 shares of the company’s stock valued at $7,218,000 after purchasing an additional 25,011 shares during the period. Farther Finance Advisors LLC raised its position in iShares Russell 2000 Value ETF by 26.8% in the first quarter. Farther Finance Advisors LLC now owns 5,698 shares of the company’s stock worth $860,000 after acquiring an additional 1,206 shares during the period. City Holding Co. grew its holdings in iShares Russell 2000 Value ETF by 1.8% during the first quarter. City Holding Co. now owns 23,265 shares of the company’s stock valued at $3,513,000 after purchasing an additional 415 shares during the period. Courier Capital LLC increased its holdings in iShares Russell 2000 Value ETF by 0.7% in the 1st quarter. Courier Capital LLC now owns 147,378 shares of the company’s stock worth $22,251,000 after acquiring an additional 1,091 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in iShares Russell 2000 Value ETF by 122.2% in the 1st quarter. First Citizens Bank & Trust Co. now owns 19,545 shares of the company’s stock valued at $2,951,000 after buying an additional 10,750 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 0.3%

IWN stock opened at $156.20 on Friday. The firm has a market capitalization of $11.14 billion, a P/E ratio of 13.37 and a beta of 1.09. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51. The firm has a 50 day moving average of $147.38 and a 200-day moving average of $158.11.

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.