Modera Wealth Management LLC Has $24.10 Million Stock Holdings in iShares Russell 2000 Value ETF $IWN

Modera Wealth Management LLC cut its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 2.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,971 shares of the company’s stock after selling 2,821 shares during the period. Modera Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $24,096,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWN. Ransom Advisory Ltd acquired a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter worth about $26,000. Cloud Capital Management LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $45,000. Root Financial Partners LLC bought a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $53,000. Investment Counsel Co. of Nevada bought a new stake in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $54,000. Finally, Cedar Mountain Advisors LLC boosted its holdings in shares of iShares Russell 2000 Value ETF by 222.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 313 shares of the company’s stock worth $55,000 after buying an additional 216 shares during the period. 74.70% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN stock opened at $192.89 on Tuesday. The company has a market capitalization of $12.67 billion, a price-to-earnings ratio of 14.35 and a beta of 1.09. The company has a 50-day simple moving average of $194.07 and a 200 day simple moving average of $186.12. iShares Russell 2000 Value ETF has a 52 week low of $129.38 and a 52 week high of $203.01.

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.