Droms Strauss Advisors Inc. MO ADV Grows Position in iShares Russell 2000 Value ETF $IWN

Droms Strauss Advisors Inc. MO ADV grew its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,293 shares of the company’s stock after purchasing an additional 3,856 shares during the quarter. iShares Russell 2000 Value ETF comprises approximately 1.6% of Droms Strauss Advisors Inc. MO ADV’s portfolio, making the stock its 12th biggest holding. Droms Strauss Advisors Inc. MO ADV’s holdings in iShares Russell 2000 Value ETF were worth $6,214,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IWN. Destination Wealth Management lifted its stake in shares of iShares Russell 2000 Value ETF by 4.5% during the 4th quarter. Destination Wealth Management now owns 1,625 shares of the company’s stock valued at $294,000 after buying an additional 70 shares in the last quarter. Arax Advisory Partners bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $20,734,000. Brown Advisory Inc. grew its position in shares of iShares Russell 2000 Value ETF by 49.8% in the fourth quarter. Brown Advisory Inc. now owns 281,324 shares of the company’s stock valued at $50,979,000 after purchasing an additional 93,531 shares in the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $2,755,000. Finally, CreativeOne Wealth LLC raised its stake in shares of iShares Russell 2000 Value ETF by 0.9% during the 4th quarter. CreativeOne Wealth LLC now owns 17,134 shares of the company’s stock valued at $3,105,000 after purchasing an additional 153 shares during the period. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $218.33 on Friday. iShares Russell 2000 Value ETF has a 52-week low of $152.07 and a 52-week high of $219.77. The stock’s 50-day simple moving average is $207.48 and its 200 day simple moving average is $196.45. The stock has a market capitalization of $14.10 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.