iShares Russell 2000 Value ETF $IWN Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 23.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,476 shares of the company’s stock after acquiring an additional 3,943 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell 2000 Value ETF were worth $3,882,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. D.A. Davidson & CO. grew its holdings in iShares Russell 2000 Value ETF by 2.2% in the first quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock valued at $241,449,000 after purchasing an additional 27,187 shares during the period. Navigation Group LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter valued at $9,988,000. Midwest Professional Planners LTD. acquired a new position in shares of iShares Russell 2000 Value ETF in the 1st quarter valued at $3,577,000. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell 2000 Value ETF by 38.1% in the 1st quarter. Bank of New York Mellon Corp now owns 284,106 shares of the company’s stock valued at $53,864,000 after purchasing an additional 78,327 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 13.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 20,403 shares of the company’s stock valued at $3,868,000 after buying an additional 2,340 shares during the period. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $222.34 on Monday. The company has a market cap of $14.44 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. The business has a fifty day simple moving average of $215.57 and a 200-day simple moving average of $202.84. iShares Russell 2000 Value ETF has a 52 week low of $155.54 and a 52 week high of $224.42.

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.