Geneos Wealth Management Inc. Buys 2,340 Shares of iShares Russell 2000 Value ETF $IWN

Geneos Wealth Management Inc. grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,403 shares of the company’s stock after buying an additional 2,340 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Russell 2000 Value ETF were worth $3,868,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Money Concepts Capital Corp bought a new position in iShares Russell 2000 Value ETF in the 1st quarter worth about $1,020,000. Kelsey Financial LLC purchased a new position in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $2,789,000. Confluence Investment Management LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth $3,842,000. Strategic Wealth Advisors LLC purchased a new position in iShares Russell 2000 Value ETF in the fourth quarter worth $469,000. Finally, Park Avenue Securities LLC grew its position in iShares Russell 2000 Value ETF by 58.0% in the fourth quarter. Park Avenue Securities LLC now owns 15,348 shares of the company’s stock worth $2,781,000 after acquiring an additional 5,633 shares in the last quarter. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Trading Down 0.8%

Shares of iShares Russell 2000 Value ETF stock opened at $222.34 on Friday. The firm has a market capitalization of $14.44 billion, a PE ratio of 14.35 and a beta of 1.01. The business’s 50-day moving average price is $215.57 and its 200-day moving average price is $202.70. iShares Russell 2000 Value ETF has a 12 month low of $155.54 and a 12 month high of $224.42.

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.