Ameriprise Financial Inc. Buys 62,832 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Ameriprise Financial Inc. raised its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 37.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 232,740 shares of the company’s stock after acquiring an additional 62,832 shares during the period. Ameriprise Financial Inc. owned about 0.30% of iShares Russell 2000 Value ETF worth $38,211,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Financial Perspectives Inc grew its stake in shares of iShares Russell 2000 Value ETF by 18.1% during the 4th quarter. Financial Perspectives Inc now owns 391 shares of the company’s stock valued at $64,000 after acquiring an additional 60 shares during the period. Strategies Wealth Advisors LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 1.7% during the fourth quarter. Strategies Wealth Advisors LLC now owns 3,709 shares of the company’s stock worth $622,000 after purchasing an additional 63 shares during the period. O Shaughnessy Asset Management LLC lifted its holdings in iShares Russell 2000 Value ETF by 1.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,598 shares of the company’s stock valued at $591,000 after acquiring an additional 67 shares during the period. Asset Dedication LLC increased its position in shares of iShares Russell 2000 Value ETF by 3.9% during the fourth quarter. Asset Dedication LLC now owns 1,812 shares of the company’s stock worth $297,000 after purchasing an additional 68 shares in the last quarter. Finally, Asset Management Group Inc. boosted its stake in iShares Russell 2000 Value ETF by 0.5% during the fourth quarter. Asset Management Group Inc. now owns 15,305 shares of the company’s stock worth $2,513,000 after buying an additional 70 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Up 3.2%

IWN opened at $153.97 on Tuesday. The stock’s 50-day moving average price is $146.61 and its 200 day moving average price is $161.12. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $183.51. The firm has a market cap of $11.35 billion, a price-to-earnings ratio of 13.37 and a beta of 1.09.

iShares Russell 2000 Value ETF 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.