Cary Street Partners Financial LLC Invests $389,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cary Street Partners Financial LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,371 shares of the company’s stock, valued at approximately $389,000.

A number of other hedge funds have also recently modified their holdings of IWN. Atomi Financial Group Inc. purchased a new stake in shares of iShares Russell 2000 Value ETF in the 4th quarter valued at approximately $207,000. Assetmark Inc. grew its position in iShares Russell 2000 Value ETF by 13.6% in the fourth quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock worth $9,911,000 after acquiring an additional 7,211 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in iShares Russell 2000 Value ETF by 9.8% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock worth $420,000 after acquiring an additional 228 shares during the last quarter. Crestwood Advisors Group LLC raised its position in iShares Russell 2000 Value ETF by 20.5% in the fourth quarter. Crestwood Advisors Group LLC now owns 2,055 shares of the company’s stock valued at $337,000 after purchasing an additional 350 shares during the period. Finally, SSI Investment Management LLC lifted its stake in shares of iShares Russell 2000 Value ETF by 116.0% in the 4th quarter. SSI Investment Management LLC now owns 53,526 shares of the company’s stock valued at $8,787,000 after purchasing an additional 28,751 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Up 0.1 %

Shares of NYSEARCA:IWN opened at $149.24 on Friday. The company has a market capitalization of $11.00 billion, a price-to-earnings ratio of 13.37 and a beta of 1.09. iShares Russell 2000 Value ETF has a 12-month low of $129.38 and a 12-month high of $183.51. The business has a 50-day moving average price of $146.66 and a 200 day moving average price of $161.26.

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.