Zhang Financial LLC Reduces Position in iShares Russell 2000 Value ETF $IWN

Zhang Financial LLC decreased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 99,955 shares of the company’s stock after selling 2,363 shares during the quarter. Zhang Financial LLC owned approximately 0.16% of iShares Russell 2000 Value ETF worth $18,113,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blueline Advisors LLC acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at about $4,108,000. Operose Advisors LLC lifted its position in iShares Russell 2000 Value ETF by 2,071.4% in the fourth quarter. Operose Advisors LLC now owns 152 shares of the company’s stock valued at $28,000 after buying an additional 145 shares during the last quarter. Basepoint Wealth LLC acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at about $136,000. Northwestern Mutual Wealth Management Co. lifted its position in iShares Russell 2000 Value ETF by 1.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 64,157 shares of the company’s stock valued at $11,626,000 after buying an additional 828 shares during the last quarter. Finally, Investment Partners LTD. lifted its position in iShares Russell 2000 Value ETF by 0.4% in the fourth quarter. Investment Partners LTD. now owns 17,633 shares of the company’s stock valued at $3,195,000 after buying an additional 63 shares during the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $215.36 on Friday. The firm has a market capitalization of $13.91 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 1 year low of $149.00 and a 1 year high of $215.70. The firm’s 50-day moving average is $201.83 and its two-hundred day moving average is $193.55.

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.