Naviter Wealth LLC Invests $729,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Naviter Wealth LLC bought a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,439 shares of the company’s stock, valued at approximately $729,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Jones Financial Companies Lllp grew its position in shares of iShares Russell 2000 Value ETF by 5.6% during the fourth quarter. Jones Financial Companies Lllp now owns 2,729,738 shares of the company’s stock valued at $448,141,000 after purchasing an additional 145,085 shares in the last quarter. Starboard Value LP boosted its stake in iShares Russell 2000 Value ETF by 5.9% during the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock valued at $226,041,000 after buying an additional 75,000 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares Russell 2000 Value ETF by 1.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,219,525 shares of the company’s stock valued at $200,209,000 after buying an additional 20,081 shares in the last quarter. M&T Bank Corp increased its stake in iShares Russell 2000 Value ETF by 20.6% in the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after acquiring an additional 196,988 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of iShares Russell 2000 Value ETF by 2.9% during the 4th quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock worth $177,345,000 after acquiring an additional 30,257 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA IWN opened at $155.51 on Friday. The stock has a 50 day moving average price of $164.67 and a 200-day moving average price of $167.51. iShares Russell 2000 Value ETF has a one year low of $145.71 and a one year high of $183.51. The company has a market capitalization of $11.27 billion, a P/E ratio of 13.92 and a beta of 1.18.

iShares Russell 2000 Value ETF 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.