Oppenheimer & Co. Inc. Purchases 6,568 Shares of iShares Russell 2000 Value ETF $IWN

Oppenheimer & Co. Inc. increased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 110.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,496 shares of the company’s stock after acquiring an additional 6,568 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares Russell 2000 Value ETF were worth $2,764,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWN. Money Concepts Capital Corp bought a new stake in shares of iShares Russell 2000 Value ETF in the 1st quarter worth $1,020,000. Strategic Wealth Advisors LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $469,000. First Horizon Corp boosted its position in shares of iShares Russell 2000 Value ETF by 6.9% during the first quarter. First Horizon Corp now owns 58,451 shares of the company’s stock valued at $11,082,000 after buying an additional 3,773 shares during the last quarter. Summit Wealth Group LLC Co. purchased a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at $519,000. Finally, MidFirst Bank bought a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth about $5,311,000. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $227.43 on Friday. iShares Russell 2000 Value ETF has a one year low of $164.90 and a one year high of $227.86. The stock has a 50-day moving average of $220.64 and a 200 day moving average of $207.41. The company has a market capitalization of $14.70 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02.

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.