Frazier Financial Advisors LLC Makes New $66,000 Investment in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Frazier Financial Advisors LLC acquired a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 428 shares of the company’s stock, valued at approximately $66,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IWN. Tidemark LLC purchased a new stake in iShares Russell 2000 Value ETF in the 4th quarter worth $46,000. Verdad Advisers LP purchased a new position in iShares Russell 2000 Value ETF in the 4th quarter worth approximately $4,039,000. CreativeOne Wealth LLC grew its holdings in iShares Russell 2000 Value ETF by 303.5% during the 4th quarter. CreativeOne Wealth LLC now owns 10,132 shares of the company’s stock valued at $1,574,000 after buying an additional 7,621 shares in the last quarter. GW&K Investment Management LLC bought a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at $109,000. Finally, Wells Fargo & Company MN boosted its stake in iShares Russell 2000 Value ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,168,911 shares of the company’s stock valued at $181,567,000 after buying an additional 123,628 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA IWN traded down $1.42 during midday trading on Thursday, reaching $155.36. 288,161 shares of the stock traded hands, compared to its average volume of 1,297,440. The company’s 50 day moving average is $153.80 and its 200 day moving average is $149.94. iShares Russell 2000 Value ETF has a one year low of $124.97 and a one year high of $159.85. The stock has a market capitalization of $11.89 billion, a PE ratio of 10.79 and a beta of 1.17.

About iShares Russell 2000 Value ETF

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.