Keudell Morrison Wealth Management Purchases Shares of 3,000 iShares Russell 2000 Value ETF $IWN

Keudell Morrison Wealth Management acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,000 shares of the company’s stock, valued at approximately $544,000.

Several other hedge funds also recently modified their holdings of IWN. American Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the third quarter valued at approximately $598,000. Vawter Financial Ltd. bought a new position in iShares Russell 2000 Value ETF in the 3rd quarter worth approximately $2,004,000. Confluence Investment Management LLC acquired a new position in iShares Russell 2000 Value ETF during the 4th quarter worth $3,842,000. Facet Wealth Inc. lifted its holdings in iShares Russell 2000 Value ETF by 5.0% during the 3rd quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock worth $36,553,000 after buying an additional 9,868 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at $9,403,000. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $211.31 on Friday. The stock has a market capitalization of $13.65 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 52 week low of $146.90 and a 52 week high of $213.19. The stock has a fifty day moving average of $199.72 and a 200-day moving average of $192.35.

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.