First Horizon Corp Purchases 3,773 Shares of iShares Russell 2000 Value ETF $IWN

First Horizon Corp increased its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.9% in the first quarter, Holdings Channel reports. The fund owned 58,451 shares of the company’s stock after purchasing an additional 3,773 shares during the quarter. First Horizon Corp’s holdings in iShares Russell 2000 Value ETF were worth $11,082,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Kelsey Financial LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $2,789,000. Confluence Investment Management LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter worth approximately $3,842,000. Strategic Wealth Advisors LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter worth approximately $469,000. CIBC Bancorp USA Inc. bought a new position in iShares Russell 2000 Value ETF in the third quarter worth approximately $9,403,000. Finally, Summit Wealth Group LLC Co. purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter worth $519,000. 74.70% of the stock is currently owned by institutional investors.

iShares Russell 2000 Value ETF Trading Up 0.8%

Shares of NYSEARCA IWN opened at $219.50 on Friday. The stock has a market capitalization of $14.25 billion, a PE ratio of 14.35 and a beta of 1.01. The stock’s fifty day simple moving average is $214.15 and its two-hundred day simple moving average is $201.30. iShares Russell 2000 Value ETF has a 12-month low of $155.54 and a 12-month high of $223.90.

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.