Midwest Professional Planners LTD. Buys Shares of 18,868 iShares Russell 2000 Value ETF $IWN

Midwest Professional Planners LTD. bought a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,868 shares of the company’s stock, valued at approximately $3,577,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWN. Bank of New York Mellon Corp boosted its holdings in shares of iShares Russell 2000 Value ETF by 38.1% in the first quarter. Bank of New York Mellon Corp now owns 284,106 shares of the company’s stock worth $53,864,000 after buying an additional 78,327 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in iShares Russell 2000 Value ETF by 13.0% during the first 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 last quarter. Luts & Greenleigh Group Inc. increased its holdings in iShares Russell 2000 Value ETF by 2.6% during the first quarter. Luts & Greenleigh Group Inc. now owns 8,476 shares of the company’s stock valued at $1,607,000 after buying an additional 213 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in iShares Russell 2000 Value ETF by 3.2% during the first quarter. Sanctuary Advisors LLC now owns 40,389 shares of the company’s stock valued at $7,657,000 after buying an additional 1,243 shares during the last quarter. Finally, Sigma Planning Corp raised its position in iShares Russell 2000 Value ETF by 3.6% in the first quarter. Sigma Planning Corp now owns 3,744 shares of the company’s stock worth $710,000 after acquiring an additional 131 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock opened at $221.29 on Thursday. The company’s fifty day simple moving average is $215.08 and its 200-day simple moving average is $202.29. The stock has a market capitalization of $14.36 billion, a PE ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 1-year low of $155.54 and a 1-year high of $223.90.

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.