Summit Wealth Group LLC Co. Buys Shares of 2,862 iShares Russell 2000 Value ETF $IWN

Summit Wealth Group LLC Co. purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,862 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Brady Martz Wealth Solutions LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 0.3% during the 4th quarter. Brady Martz Wealth Solutions LLC now owns 17,982 shares of the company’s stock valued at $3,259,000 after buying an additional 53 shares during the period. Stegner Investment Associates Inc. lifted its holdings in shares of iShares Russell 2000 Value ETF by 1.5% during the 4th quarter. Stegner Investment Associates Inc. now owns 3,919 shares of the company’s stock valued at $710,000 after buying an additional 57 shares during the period. Carbahal Olsen Financial Services Group LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 1.2% during the 4th quarter. Carbahal Olsen Financial Services Group LLC now owns 5,061 shares of the company’s stock valued at $917,000 after buying an additional 60 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 Value ETF by 0.8% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 8,063 shares of the company’s stock valued at $1,426,000 after buying an additional 61 shares during the period. Finally, Eukles Asset Management lifted its holdings in shares of iShares Russell 2000 Value ETF by 0.9% during the 3rd quarter. Eukles Asset Management now owns 7,033 shares of the company’s stock valued at $1,243,000 after buying an additional 61 shares during the period. 74.70% of the stock is owned by institutional investors.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $209.24 on Thursday. The business’s fifty day moving average price is $197.64 and its 200-day moving average price is $191.02. The stock has a market capitalization of $13.52 billion, a price-to-earnings ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 1-year low of $146.90 and a 1-year high of $213.19.

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