Parkworth Wealth Management Inc. Invests $81,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Parkworth Wealth Management Inc. bought a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, Holdings Channel reports. The institutional investor bought 494 shares of the company’s stock, valued at approximately $81,000.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Perspectives Inc boosted its stake in shares of iShares Russell 2000 Value ETF by 18.1% in the fourth quarter. Financial Perspectives Inc now owns 391 shares of the company’s stock worth $64,000 after buying an additional 60 shares during the last quarter. Diversified Trust Co increased its holdings in shares of iShares Russell 2000 Value ETF by 3.0% in the fourth quarter. Diversified Trust Co now owns 2,099 shares of the company’s stock valued at $345,000 after purchasing an additional 61 shares during the last quarter. Asset Dedication LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 3.9% in the fourth quarter. Asset Dedication LLC now owns 1,812 shares of the company’s stock valued at $297,000 after purchasing an additional 68 shares during the last quarter. Archvest Wealth Advisors Inc. grew its position in iShares Russell 2000 Value ETF by 1.1% in the fourth quarter. Archvest Wealth Advisors Inc. now owns 7,595 shares of the company’s stock worth $1,247,000 after acquiring an additional 81 shares during the period. Finally, Retirement Income Solutions Inc grew its position in iShares Russell 2000 Value ETF by 4.7% in the fourth quarter. Retirement Income Solutions Inc now owns 1,790 shares of the company’s stock worth $294,000 after acquiring an additional 81 shares during the period.

iShares Russell 2000 Value ETF Stock Down 0.2 %

IWN opened at $151.26 on Wednesday. iShares Russell 2000 Value ETF has a 52 week low of $145.71 and a 52 week high of $183.51. The business has a fifty day simple moving average of $164.17 and a 200-day simple moving average of $167.35. The firm has a market cap of $10.96 billion, a P/E ratio of 13.92 and a beta of 1.18.

iShares Russell 2000 Value ETF Company 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.