D.A. Davidson & CO. Boosts Stock Holdings in iShares Russell 2000 Value ETF $IWN

D.A. Davidson & CO. grew its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.2% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,273,529 shares of the company’s stock after acquiring an additional 27,187 shares during the period. iShares Russell 2000 Value ETF comprises about 1.5% of D.A. Davidson & CO.’s portfolio, making the stock its 7th largest holding. D.A. Davidson & CO.’s holdings in iShares Russell 2000 Value ETF were worth $241,449,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Ransom Advisory Ltd acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Operose Advisors LLC raised its holdings in iShares Russell 2000 Value ETF by 2,071.4% during the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after buying an additional 145 shares during the period. Strive Financial Group LLC purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at about $31,000. Nalls Sherbakoff Group LLC purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at about $35,000. Finally, Bogart Wealth LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 219.3% in the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after buying an additional 125 shares during the period. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $221.29 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $155.54 and a fifty-two week high of $223.90. The firm’s 50 day simple moving average is $215.08 and its 200-day simple moving average is $202.29. The company has a market cap of $14.36 billion, a P/E ratio of 14.35 and a beta of 1.01.

iShares Russell 2000 Value ETF Company 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.