Moran Wealth Management LLC Purchases Shares of 19,356 iShares Russell 2000 Value ETF $IWN

Moran Wealth Management LLC purchased a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,356 shares of the company’s stock, valued at approximately $4,282,000.

Other hedge funds have also modified their holdings of the company. Operose Advisors LLC lifted its stake in iShares Russell 2000 Value ETF by 2,071.4% in the 4th quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after buying an additional 145 shares in the last quarter. Strive Financial Group LLC acquired a new stake in iShares Russell 2000 Value ETF during the 4th quarter valued at $31,000. Bogart Wealth LLC increased its position in iShares Russell 2000 Value ETF by 219.3% during the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock worth $35,000 after buying an additional 125 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in iShares Russell 2000 Value ETF during the fourth quarter worth $35,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $40,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Up 0.3%

Shares of NYSEARCA:IWN opened at $227.43 on Friday. iShares Russell 2000 Value ETF has a 52-week low of $164.90 and a 52-week high of $227.86. The stock’s fifty day simple moving average is $220.64 and its 200-day simple moving average is $207.41. The company has a market capitalization of $14.70 billion, a P/E ratio of 14.35 and a beta of 1.02.

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.