Stonebridge Financial Planning Group LLC Buys New Stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Stonebridge Financial Planning Group LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,501 shares of the company’s stock, valued at approximately $388,000.

Other institutional investors and hedge funds have also modified their holdings of the company. TIAA Trust National Association acquired a new position in shares of iShares Russell 2000 Value ETF in the third quarter worth about $337,567,000. D.A. Davidson & CO. raised its holdings in iShares Russell 2000 Value ETF by 1.7% in the 3rd quarter. D.A. Davidson & CO. now owns 999,930 shares of the company’s stock worth $135,541,000 after purchasing an additional 17,137 shares during the period. US Bancorp DE boosted its position in iShares Russell 2000 Value ETF by 3.3% during the third quarter. US Bancorp DE now owns 697,961 shares of the company’s stock worth $92,903,000 after purchasing an additional 22,499 shares in the last quarter. LPL Financial LLC grew its holdings in iShares Russell 2000 Value ETF by 1.6% in the third quarter. LPL Financial LLC now owns 600,421 shares of the company’s stock valued at $81,387,000 after purchasing an additional 9,189 shares during the period. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the third quarter valued at approximately $78,291,000.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $149.04 on Wednesday. The business’s 50 day moving average price is $152.67 and its 200-day moving average price is $147.07. iShares Russell 2000 Value ETF has a 1 year low of $124.97 and a 1 year high of $159.81. The firm has a market capitalization of $11.58 billion, a price-to-earnings ratio of 10.45 and a beta of 1.17.

iShares Russell 2000 Value ETF Company 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.