Systematic Financial Management LP Boosts Stake in iShares Russell 2000 Value ETF $IWN

Systematic Financial Management LP lifted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 89.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,151 shares of the company’s stock after purchasing an additional 5,263 shares during the period. Systematic Financial Management LP’s holdings in iShares Russell 2000 Value ETF were worth $2,021,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Ransom Advisory Ltd purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth $26,000. Eagle Bay Advisors LLC purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth $37,000. Cloud Capital Management LLC purchased a new stake in iShares Russell 2000 Value ETF in the 3rd quarter worth $45,000. Root Financial Partners LLC purchased a new stake in iShares Russell 2000 Value ETF in the 3rd quarter worth $53,000. Finally, Investment Counsel Co. of Nevada purchased a new stake in iShares Russell 2000 Value ETF in the 3rd quarter worth $54,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $211.31 on Monday. iShares Russell 2000 Value ETF has a 52-week low of $146.90 and a 52-week high of $213.19. The firm has a market capitalization of $13.65 billion, a PE ratio of 14.35 and a beta of 1.02. The stock has a fifty day simple moving average of $199.72 and a two-hundred day simple moving average of $192.46.

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.