Stevens Capital Partners Purchases 4,122 Shares of iShares Russell 2000 Value ETF $IWN

Stevens Capital Partners increased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 13.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,559 shares of the company’s stock after purchasing an additional 4,122 shares during the period. iShares Russell 2000 Value ETF makes up about 1.3% of Stevens Capital Partners’ portfolio, making the stock its 22nd biggest holding. Stevens Capital Partners’ holdings in iShares Russell 2000 Value ETF were worth $7,238,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWN. Money Concepts Capital Corp acquired a new stake in iShares Russell 2000 Value ETF during the first quarter worth approximately $1,020,000. First Horizon Corp raised its holdings in iShares Russell 2000 Value ETF by 6.9% in the 1st quarter. First Horizon Corp now owns 58,451 shares of the company’s stock valued at $11,082,000 after acquiring an additional 3,773 shares in the last quarter. IFP Advisors Inc raised its holdings in iShares Russell 2000 Value ETF by 48.6% in the 2nd quarter. IFP Advisors Inc now owns 8,502 shares of the company’s stock valued at $1,881,000 after acquiring an additional 2,779 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of iShares Russell 2000 Value ETF by 2.2% during the 1st quarter. D.A. Davidson & CO. now owns 1,273,529 shares of the company’s stock valued at $241,449,000 after acquiring an additional 27,187 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in shares of iShares Russell 2000 Value ETF by 13.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 21,117 shares of the company’s stock valued at $4,671,000 after acquiring an additional 2,541 shares during the period. 74.70% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

IWN opened at $214.58 on Friday. iShares Russell 2000 Value ETF has a 52-week low of $168.75 and a 52-week high of $227.86. The firm has a market cap of $14.04 billion, a P/E ratio of 14.35 and a beta of 1.04. The business’s fifty day moving average is $215.82 and its 200-day moving average is $209.35.

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.