3,000 Shares in iShares Russell 2000 Value ETF $IWN Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,000 shares of the company’s stock, valued at approximately $544,000.

Other hedge funds also recently made changes to their positions in the company. Axxcess Wealth Management LLC bought a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at about $978,000. FourThought Financial Partners LLC bought a new position in iShares Russell 2000 Value ETF during the fourth quarter worth about $226,000. Global Retirement Partners LLC boosted its holdings in iShares Russell 2000 Value ETF by 89.0% during the fourth quarter. Global Retirement Partners LLC now owns 24,219 shares of the company’s stock valued at $4,389,000 after purchasing an additional 11,402 shares in the last quarter. IFP Advisors Inc grew its stake in shares of iShares Russell 2000 Value ETF by 69.2% in the 4th quarter. IFP Advisors Inc now owns 9,291 shares of the company’s stock valued at $1,684,000 after purchasing an additional 3,800 shares during the period. Finally, Cullen Frost Bankers Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 53.7% in the 4th quarter. Cullen Frost Bankers Inc. now owns 7,781 shares of the company’s stock valued at $1,410,000 after purchasing an additional 2,717 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 $211.31 on Friday. The company has a market capitalization of $13.65 billion, a PE ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a one year low of $146.90 and a one year high of $213.19. The business has a 50 day simple moving average of $199.72 and a 200 day simple moving average of $192.35.

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.