Modera Wealth Management LLC Has $24.10 Million Position in iShares Russell 2000 Value ETF $IWN

Modera Wealth Management LLC reduced its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 132,971 shares of the company’s stock after selling 2,821 shares during the period. Modera Wealth Management LLC owned 0.20% of iShares Russell 2000 Value ETF worth $24,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWN. Ransom Advisory Ltd acquired a new stake in iShares Russell 2000 Value ETF in the 4th quarter valued at $26,000. Cloud Capital Management LLC acquired a new stake in iShares Russell 2000 Value ETF in the 3rd quarter valued at $45,000. Root Financial Partners LLC acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $53,000. Investment Counsel Co. of Nevada acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $54,000. Finally, Cedar Mountain Advisors LLC increased its stake in shares of iShares Russell 2000 Value ETF by 222.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after purchasing an additional 216 shares during the last quarter. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $192.89 on Tuesday. The firm has a market capitalization of $12.67 billion, a PE ratio of 14.35 and a beta of 1.09. The company’s 50-day moving average is $194.07 and its 200-day moving average is $186.12. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $203.01.

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