Compass Capital Management Inc. Buys New Shares in iShares Russell 2000 Value ETF $IWN

Compass Capital Management Inc. bought a new position in shares of 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 bought 22,757 shares of the company’s stock, valued at approximately $5,034,000.

A number of other hedge funds have also recently added to or reduced their stakes in IWN. Money Concepts Capital Corp acquired a new stake in shares of iShares Russell 2000 Value ETF during the 1st quarter worth $1,020,000. Strategic Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth $469,000. First Horizon Corp boosted its holdings in iShares Russell 2000 Value ETF by 6.9% in the first quarter. First Horizon Corp now owns 58,451 shares of the company’s stock valued at $11,082,000 after acquiring an additional 3,773 shares during the last quarter. Summit Wealth Group LLC Co. acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at $519,000. Finally, MidFirst Bank acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at $5,311,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $227.43 on Monday. The firm has a market capitalization of $14.70 billion, a PE ratio of 14.35 and a beta of 1.02. The business has a 50-day moving average of $220.64 and a two-hundred day moving average of $207.49. iShares Russell 2000 Value ETF has a 12 month low of $164.90 and a 12 month high of $227.86.

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.