Zhang Financial LLC Has $18.09 Million Stock Position in iShares Russell 2000 Value ETF $IWN

Zhang Financial LLC lessened its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,318 shares of the company’s stock after selling 2,691 shares during the quarter. Zhang Financial LLC’s holdings in iShares Russell 2000 Value ETF were worth $18,091,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. TD Asset Management Inc increased its stake in iShares Russell 2000 Value ETF by 9.2% in the 3rd quarter. TD Asset Management Inc now owns 51,086 shares of the company’s stock valued at $9,033,000 after buying an additional 4,318 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth $172,000. Equitable Trust Co. boosted its position in iShares Russell 2000 Value ETF by 10.3% during the third quarter. Equitable Trust Co. now owns 1,706 shares of the company’s stock valued at $302,000 after purchasing an additional 159 shares during the last quarter. OneDigital Investment Advisors LLC grew its stake in iShares Russell 2000 Value ETF by 8.2% in the third quarter. OneDigital Investment Advisors LLC now owns 17,773 shares of the company’s stock valued at $3,142,000 after purchasing an additional 1,343 shares in the last quarter. Finally, Advisors Preferred LLC purchased a new position in iShares Russell 2000 Value ETF in the third quarter valued at about $11,238,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $198.86 on Wednesday. iShares Russell 2000 Value ETF has a fifty-two week low of $129.38 and a fifty-two week high of $203.01. The stock’s 50-day moving average is $192.73 and its two-hundred day moving average is $182.27. The firm has a market cap of $12.77 billion, a P/E ratio of 14.35 and a beta of 1.09.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.