Vawter Financial Ltd. Makes New $2 Million Investment in iShares Russell 2000 Value ETF $IWN

Vawter Financial Ltd. purchased a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,333 shares of the company’s stock, valued at approximately $2,004,000. iShares Russell 2000 Value ETF makes up 0.9% of Vawter Financial Ltd.’s investment portfolio, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IWN. Bank of America Corp DE raised its holdings in shares of iShares Russell 2000 Value ETF by 6.7% during the 2nd quarter. Bank of America Corp DE now owns 6,753,830 shares of the company’s stock worth $1,065,484,000 after acquiring an additional 422,172 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell 2000 Value ETF by 5.1% in the third quarter. Envestnet Asset Management Inc. now owns 2,148,592 shares of the company’s stock valued at $379,892,000 after purchasing an additional 104,838 shares during the period. D.A. Davidson & CO. increased its position in iShares Russell 2000 Value ETF by 2.7% during the third quarter. D.A. Davidson & CO. now owns 1,216,060 shares of the company’s stock worth $215,012,000 after purchasing an additional 31,609 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in iShares Russell 2000 Value ETF by 5.1% during the second quarter. Charles Schwab Investment Management Inc. now owns 707,190 shares of the company’s stock worth $111,566,000 after purchasing an additional 34,397 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC raised its stake in iShares Russell 2000 Value ETF by 1.6% during the third quarter. Cassaday & Co Wealth Management LLC now owns 626,428 shares of the company’s stock worth $110,759,000 after purchasing an additional 9,685 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $198.86 on Wednesday. The firm has a 50 day simple moving average of $192.73 and a 200-day simple moving average of $182.27. The stock has a market cap of $12.77 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. iShares Russell 2000 Value ETF has a 1-year low of $129.38 and a 1-year high of $203.01.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.