Instrumental Wealth LLC Acquires 26,751 Shares of iShares Russell 2000 Value ETF $IWN

Instrumental Wealth LLC grew its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2,280.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,924 shares of the company’s stock after acquiring an additional 26,751 shares during the quarter. iShares Russell 2000 Value ETF comprises about 3.4% of Instrumental Wealth LLC’s holdings, making the stock its 8th largest position. Instrumental Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $5,608,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. TIAA Trust National Association grew its holdings in iShares Russell 2000 Value ETF by 62.5% in the third quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock valued at $767,246,000 after purchasing an additional 1,671,191 shares during the period. Bank of America Corp DE grew its stake in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock valued at $1,065,484,000 after buying an additional 422,172 shares during the period. BNP Paribas Financial Markets grew its stake in shares of iShares Russell 2000 Value ETF by 99.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 508,278 shares of the company’s stock valued at $80,186,000 after buying an additional 253,326 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Russell 2000 Value ETF by 14.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock worth $184,248,000 after buying an additional 130,498 shares during the last quarter. Finally, Advisors Preferred LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 189.6% during the 4th quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock worth $33,524,000 after buying an additional 120,027 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 Stock Performance

Shares of iShares Russell 2000 Value ETF stock opened at $216.87 on Friday. iShares Russell 2000 Value ETF has a twelve month low of $152.07 and a twelve month high of $220.35. The stock has a market capitalization of $14.01 billion, a P/E ratio of 14.35 and a beta of 1.02. The business’s fifty day moving average price is $209.72 and its 200 day moving average price is $197.70.

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.