Sax Wealth Advisors LLC Acquires 8,439 Shares of iShares Russell 2000 Value ETF $IWN

Sax Wealth Advisors LLC increased its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 287.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,371 shares of the company’s stock after acquiring an additional 8,439 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,515,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Money Concepts Capital Corp bought a new position in iShares Russell 2000 Value ETF during the first quarter worth about $1,020,000. Kelsey Financial LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $2,789,000. Strategic Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $469,000. Summit Wealth Group LLC Co. acquired a new position in shares of iShares Russell 2000 Value ETF in the 4th quarter worth approximately $519,000. Finally, First Horizon Corp raised its holdings in shares of iShares Russell 2000 Value ETF by 6.9% in the 1st quarter. First Horizon Corp now owns 58,451 shares of the company’s stock worth $11,082,000 after buying an additional 3,773 shares in the last quarter. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $225.52 on Monday. The company has a market capitalization of $14.58 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a one year low of $160.39 and a one year high of $227.31. The business has a 50 day simple moving average of $219.34 and a 200 day simple moving average of $206.44.

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.