iShares Russell 2000 Value ETF (NYSEARCA:IWN) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,064,259 shares of the company’s stock after purchasing an additional 88,449 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.70% of iShares Russell 2000 Value ETF worth $338,889,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWN. Crews Bank & Trust purchased a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter worth approximately $25,000. FPC Investment Advisory Inc. purchased a new position in iShares Russell 2000 Value ETF during the 4th quarter worth $25,000. Hoese & Co LLP acquired a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at $26,000. Financial Life Planners purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter valued at about $26,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth about $30,000.

iShares Russell 2000 Value ETF Stock Down 4.1 %

Shares of IWN stock opened at $137.10 on Friday. The stock’s 50-day moving average price is $159.28 and its 200 day moving average price is $165.80. The stock has a market capitalization of $10.02 billion, a PE ratio of 13.99 and a beta of 1.18. iShares Russell 2000 Value ETF has a 52-week low of $133.66 and a 52-week high of $183.51.

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.