Focus Partners Wealth Boosts Stock Position in iShares Russell 2000 Value ETF $IWN

Focus Partners Wealth raised its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 37.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 272,376 shares of the company’s stock after purchasing an additional 74,871 shares during the period. Focus Partners Wealth owned about 0.42% of iShares Russell 2000 Value ETF worth $48,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth approximately $45,000. Root Financial Partners LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the third quarter worth $53,000. Investment Counsel Co. of Nevada acquired a new stake in iShares Russell 2000 Value ETF in the third quarter valued at $54,000. Cedar Mountain Advisors LLC boosted its stake in iShares Russell 2000 Value ETF by 222.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock valued at $55,000 after acquiring an additional 216 shares during the last quarter. Finally, Semmax Financial Advisors Inc. boosted its stake in iShares Russell 2000 Value ETF by 73.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 391 shares of the company’s stock valued at $63,000 after acquiring an additional 165 shares during the last quarter. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $188.14 on Tuesday. The firm has a fifty day moving average of $195.46 and a two-hundred day moving average of $184.71. The firm has a market cap of $12.08 billion, a P/E ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a 1-year low of $129.38 and a 1-year high of $203.01.

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.