Northwestern Mutual Wealth Management Co. Boosts Stock Position in iShares Russell 2000 Value ETF $IWN

Northwestern Mutual Wealth Management Co. raised its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 15.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,271 shares of the company’s stock after purchasing an additional 10,157 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.12% of iShares Russell 2000 Value ETF worth $16,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Valmark Advisers Inc. increased its holdings in iShares Russell 2000 Value ETF by 2.3% during the first quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock worth $460,000 after buying an additional 55 shares during the last quarter. Cedar Mountain Advisors LLC increased its stake in shares of iShares Russell 2000 Value ETF by 17.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 369 shares of the company’s stock worth $70,000 after purchasing an additional 56 shares during the last quarter. Eight 31 Financial LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 3.5% in the 4th quarter. Eight 31 Financial LLC now owns 1,667 shares of the company’s stock worth $302,000 after purchasing an additional 56 shares during the period. Guidance Point Advisors LLC lifted its stake in iShares Russell 2000 Value ETF by 1.4% in the fourth quarter. Guidance Point Advisors LLC now owns 4,632 shares of the company’s stock valued at $840,000 after purchasing an additional 62 shares during the last quarter. Finally, Investment Partners LTD. increased its position in iShares Russell 2000 Value ETF by 0.4% in the fourth quarter. Investment Partners LTD. now owns 17,633 shares of the company’s stock worth $3,195,000 after buying an additional 63 shares during the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Performance

Shares of iShares Russell 2000 Value ETF stock opened at $223.04 on Thursday. The stock has a market capitalization of $14.42 billion, a P/E ratio of 14.35 and a beta of 1.02. iShares Russell 2000 Value ETF has a 52-week low of $168.75 and a 52-week high of $227.86. The stock’s 50-day simple moving average is $222.79 and its 200 day simple moving average is $209.92.

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.