Wealthfront Advisers LLC Grows Holdings in iShares Russell 2000 Value ETF $IWN

Wealthfront Advisers LLC boosted its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 18.4% in the 4th quarter, Holdings Channel reports. The firm owned 16,533 shares of the company’s stock after purchasing an additional 2,573 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of IWN. First Horizon Corp purchased a new position in iShares Russell 2000 Value ETF during the third quarter worth approximately $9,463,000. American Wealth Advisors LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $598,000. Confluence Investment Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at $3,842,000. Facet Wealth Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 5.0% in the 3rd quarter. Facet Wealth Inc. now owns 206,734 shares of the company’s stock valued at $36,553,000 after acquiring an additional 9,868 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell 2000 Value ETF in the 3rd quarter valued at $9,403,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.2%

Shares of IWN stock opened at $208.23 on Friday. The company’s fifty day simple moving average is $196.04 and its 200-day simple moving average is $189.29. iShares Russell 2000 Value ETF has a 52 week low of $145.39 and a 52 week high of $208.90. The company has a market cap of $13.45 billion, a PE 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.