Destination Wealth Management Invests $212,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Destination Wealth Management acquired a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,292 shares of the company’s stock, valued at approximately $212,000.

Other hedge funds also recently bought and sold shares of the company. Crews Bank & Trust purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at $25,000. FPC Investment Advisory Inc. purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at $25,000. Hoese & Co LLP purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at $26,000. Financial Life Planners purchased a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at $26,000. Finally, Loomis Sayles & Co. L P purchased a new stake in iShares Russell 2000 Value ETF during the third quarter valued at $29,000.

iShares Russell 2000 Value ETF Stock Performance

iShares Russell 2000 Value ETF stock opened at $155.51 on Friday. The stock has a fifty day moving average of $164.67 and a 200 day moving average of $167.47. iShares Russell 2000 Value ETF has a one year low of $145.71 and a one year high of $183.51. The stock has a market cap of $11.43 billion, a PE ratio of 14.54 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.