Wealth Care LLC Purchases New Holdings in iShares Russell 2000 Value ETF $IWN

Wealth Care LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $948,000. iShares Russell 2000 Value ETF makes up 0.8% of Wealth Care LLC’s holdings, making the stock its 25th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in IWN. Ransom Advisory Ltd bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $26,000. Operose Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 2,071.4% during the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock worth $28,000 after purchasing an additional 145 shares during the period. Strive Financial Group LLC acquired a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth about $31,000. Nalls Sherbakoff Group LLC acquired a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth about $35,000. Finally, Eagle Bay Advisors LLC bought a new position in iShares Russell 2000 Value ETF in the 4th quarter valued at about $37,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Down 0.0%

IWN stock opened at $221.20 on Wednesday. The company’s 50-day moving average price is $212.23 and its two-hundred day moving average price is $199.59. The firm has a market cap of $14.29 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 12 month low of $155.54 and a 12 month high of $221.94.

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.