River Road Asset Management LLC Makes New Investment in iShares Russell 2000 Value ETF $IWN

River Road Asset Management LLC acquired a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, HoldingsChannel reports. The firm acquired 7,064 shares of the company’s stock, valued at approximately $1,280,000.

Several other hedge funds and other institutional investors have also modified their holdings of IWN. Vawter Financial Ltd. acquired a new position in iShares Russell 2000 Value ETF during the third quarter valued at approximately $2,004,000. American Wealth Advisors LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the third quarter worth $598,000. Confluence Investment Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $3,842,000. RPg Family Wealth Advisory LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $1,672,000. Finally, Kelsey Financial LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $2,789,000. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $216.87 on Friday. The firm’s fifty day simple moving average is $209.72 and its 200 day simple moving average is $197.70. iShares Russell 2000 Value ETF has a twelve month low of $152.07 and a twelve month high of $220.35. The firm has a market capitalization of $14.01 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.