Wall Capital Group Inc. Buys New Position in iShares Russell 2000 Value ETF $IWN

Wall Capital Group Inc. bought a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 38,321 shares of the company’s stock, valued at approximately $8,026,000. iShares Russell 2000 Value ETF comprises approximately 6.6% of Wall Capital Group Inc.’s holdings, making the stock its 5th largest position. Wall Capital Group Inc. owned about 0.06% of iShares Russell 2000 Value ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its stake in shares of iShares Russell 2000 Value ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock worth $241,449,000 after acquiring an additional 27,187 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of iShares Russell 2000 Value ETF by 0.4% in the 2nd quarter. Hsbc Holdings PLC now owns 862,739 shares of the company’s stock worth $190,838,000 after purchasing an additional 3,730 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in iShares Russell 2000 Value ETF by 1.4% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 644,789 shares of the company’s stock worth $122,246,000 after purchasing an additional 9,139 shares during the period. Royal Bank of Canada raised its holdings in iShares Russell 2000 Value ETF by 3.9% in the 1st quarter. Royal Bank of Canada now owns 553,944 shares of the company’s stock worth $105,024,000 after purchasing an additional 20,655 shares during the period. Finally, Wellington Management Group LLP lifted its position in iShares Russell 2000 Value ETF by 138.7% during the second quarter. Wellington Management Group LLP now owns 325,490 shares of the company’s stock valued at $71,998,000 after purchasing an additional 189,108 shares in the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $207.71 on Thursday. The business’s fifty day moving average is $218.89 and its 200 day moving average is $214.48. iShares Russell 2000 Value ETF has a fifty-two week low of $168.75 and a fifty-two week high of $227.86. The company has a market capitalization of $13.54 billion, a PE ratio of 14.35 and a beta of 1.04.

iShares Russell 2000 Value ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares Russell 2000 Value ETF (NYSEARCA:IWN)

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