iShares Russell 2000 Value ETF $IWN is Cassaday & Co Wealth Management LLC’s 10th Largest Position

Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 644,789 shares of the company’s stock after purchasing an additional 9,139 shares during the period. iShares Russell 2000 Value ETF makes up about 2.6% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $122,246,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC grew its holdings in iShares Russell 2000 Value ETF by 1,784.5% during the 1st quarter. Hsbc Holdings PLC now owns 859,009 shares of the company’s stock valued at $162,860,000 after purchasing an additional 813,425 shares in the last quarter. Bank of America Corp DE boosted its position in iShares Russell 2000 Value ETF by 6.7% in 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 last quarter. BNP Paribas Financial Markets boosted its position in iShares Russell 2000 Value ETF by 99.4% in 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 last quarter. Wells Fargo & Company MN grew its stake in shares of iShares Russell 2000 Value ETF by 14.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,016,764 shares of the company’s stock valued at $184,248,000 after acquiring an additional 130,498 shares in the last quarter. Finally, Advisors Preferred LLC grew its stake in shares of iShares Russell 2000 Value ETF by 189.6% during the fourth quarter. Advisors Preferred LLC now owns 183,323 shares of the company’s stock valued at $33,524,000 after acquiring an additional 120,027 shares in the last quarter. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Trading Down 0.7%

IWN stock opened at $220.85 on Tuesday. iShares Russell 2000 Value ETF has a twelve month low of $155.54 and a twelve month high of $224.42. The company has a market capitalization of $14.34 billion, a P/E ratio of 14.35 and a beta of 1.01. The firm has a 50 day simple moving average of $215.77 and a 200-day simple moving average of $203.11.

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.