NewEdge Advisors LLC Increases Position in iShares Russell 2000 Value ETF $IWN

NewEdge Advisors LLC increased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 40.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,799 shares of the company’s stock after purchasing an additional 8,554 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $5,649,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. First Nebraska Trust Co purchased a new stake in iShares Russell 2000 Value ETF in the 1st quarter worth $336,000. Financial Solutions Advisory Group Inc. purchased a new position in shares of iShares Russell 2000 Value ETF in the first quarter valued at about $521,000. Asset Dedication LLC boosted its stake in shares of iShares Russell 2000 Value ETF by 54.4% in the first quarter. Asset Dedication LLC now owns 2,214 shares of the company’s stock worth $420,000 after acquiring an additional 780 shares during the period. Cozad Asset Management Inc. boosted its stake in shares of iShares Russell 2000 Value ETF by 1.4% in the first quarter. Cozad Asset Management Inc. now owns 8,596 shares of the company’s stock worth $1,630,000 after acquiring an additional 115 shares during the period. Finally, Royal Fund Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the first quarter worth about $7,471,000. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Trading Up 0.3%

Shares of IWN opened at $224.97 on Wednesday. The business’s 50 day moving average is $219.77 and its 200 day moving average is $206.86. The company has a market capitalization of $14.54 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 12-month low of $161.73 and a 12-month high of $227.31.

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.