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

Focus Partners Wealth grew its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 25.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,890 shares of the company’s stock after purchasing an additional 68,514 shares during the period. Focus Partners Wealth’s holdings in iShares Russell 2000 Value ETF were worth $61,768,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in iShares Russell 2000 Value ETF by 6.7% during the second quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after purchasing an additional 422,172 shares during the period. TIAA Trust National Association increased its stake in iShares Russell 2000 Value ETF by 62.5% during the third quarter. TIAA Trust National Association now owns 4,343,822 shares of the company’s stock worth $767,246,000 after purchasing an additional 1,671,191 shares during the period. D.A. Davidson & CO. increased its stake in iShares Russell 2000 Value ETF by 2.5% during the fourth quarter. D.A. Davidson & CO. now owns 1,246,342 shares of the company’s stock worth $225,850,000 after purchasing an additional 30,282 shares during the period. LPL Financial LLC increased its stake in iShares Russell 2000 Value ETF by 9.2% during the fourth quarter. LPL Financial LLC now owns 1,102,636 shares of the company’s stock worth $199,809,000 after purchasing an additional 92,462 shares during the period. Finally, M&T Bank Corp increased its stake in shares of iShares Russell 2000 Value ETF by 2.4% during the fourth quarter. M&T Bank Corp now owns 1,018,005 shares of the company’s stock worth $184,472,000 after buying an additional 23,441 shares during the period. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

IWN stock opened at $217.30 on Tuesday. The company’s 50 day moving average price is $207.99 and its 200 day moving average price is $196.85. iShares Russell 2000 Value ETF has a fifty-two week low of $152.07 and a fifty-two week high of $220.35. The firm has a market capitalization of $14.04 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.