NewEdge Wealth LLC Has $1.08 Million Stock Position in iShares Russell 2000 Value ETF $IWN

NewEdge Wealth LLC lowered its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 46.8% during the first quarter, Holdings Channel reports. The fund owned 5,702 shares of the company’s stock after selling 5,013 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,081,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Operose Advisors LLC increased its holdings in shares of 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 purchasing an additional 145 shares in the last quarter. Strive Financial Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $31,000. Nalls Sherbakoff Group LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $35,000. Bogart Wealth LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 219.3% during the first quarter. Bogart Wealth LLC now owns 182 shares of the company’s stock valued at $35,000 after acquiring an additional 125 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $37,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 0.3%

iShares Russell 2000 Value ETF stock opened at $222.16 on Tuesday. The business’s 50-day simple moving average is $217.13 and its 200 day simple moving average is $204.45. The stock has a market cap of $14.38 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. iShares Russell 2000 Value ETF has a 12-month low of $155.54 and a 12-month high of $224.42.

About iShares Russell 2000 Value ETF

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.