Legacy Edge Advisors LLC Takes $1.79 Million Position in iShares Russell 2000 Value ETF $IWN

Legacy Edge Advisors LLC acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,891 shares of the company’s stock, valued at approximately $1,792,000.

Other hedge funds also recently modified their holdings of the company. Ransom Advisory Ltd bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $26,000. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at about $37,000. Cloud Capital Management LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $45,000. Root Financial Partners LLC bought a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $53,000. Finally, Investment Counsel Co. of Nevada bought a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at about $54,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN opened at $208.23 on Friday. The stock has a market capitalization of $13.45 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. The business has a 50-day moving average of $196.04 and a 200-day moving average of $189.38. iShares Russell 2000 Value ETF has a fifty-two week low of $145.39 and a fifty-two week high of $208.90.

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.