Cassaday & Co Wealth Management LLC Purchases 9,222 Shares of iShares Russell 2000 Value ETF $IWN

Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 635,650 shares of the company’s stock after purchasing an additional 9,222 shares during the period. iShares Russell 2000 Value ETF accounts for about 2.4% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 10th biggest position. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $115,186,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IWN. Brighton Jones LLC grew its stake in iShares Russell 2000 Value ETF by 2.6% during the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock worth $595,000 after purchasing an additional 91 shares during the period. Rhumbline Advisers grew its stake in iShares Russell 2000 Value ETF by 50.8% during the first quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after purchasing an additional 406 shares during the period. Gamco Investors INC. ET AL acquired a new stake in iShares Russell 2000 Value ETF during the second quarter worth approximately $723,000. Qube Research & Technologies Ltd grew its stake in iShares Russell 2000 Value ETF by 571.9% during the second quarter. Qube Research & Technologies Ltd now owns 10,368 shares of the company’s stock worth $1,636,000 after purchasing an additional 8,825 shares during the period. Finally, Sei Investments Co. grew its stake in iShares Russell 2000 Value ETF by 19.7% during the second quarter. Sei Investments Co. now owns 285,170 shares of the company’s stock worth $44,990,000 after purchasing an additional 46,837 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $210.10 on Friday. The business has a 50 day simple moving average of $196.75 and a 200 day simple moving average of $190.14. iShares Russell 2000 Value ETF has a one year low of $146.90 and a one year high of $213.19. The stock has a market capitalization of $13.57 billion, a P/E ratio of 14.35 and a beta of 1.02.

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.