Midwest Professional Planners LTD. Takes Position in iShares Russell 2000 Value ETF $IWN

Midwest Professional Planners LTD. acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,868 shares of the company’s stock, valued at approximately $3,577,000.

Several other institutional investors have also added to or reduced their stakes in the business. Money Concepts Capital Corp purchased a new position in iShares Russell 2000 Value ETF in the 1st quarter worth about $1,020,000. Confluence Investment Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at about $3,842,000. Kelsey Financial LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $2,789,000. Strategic Wealth Advisors LLC bought a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth approximately $469,000. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell 2000 Value ETF during the third quarter valued at approximately $9,403,000. 74.70% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Stock Up 0.8%

Shares of iShares Russell 2000 Value ETF stock opened at $221.29 on Thursday. The company has a market cap of $14.36 billion, a price-to-earnings ratio of 14.35 and a beta of 1.01. The company’s 50 day moving average is $215.08 and its 200 day moving average is $202.29. iShares Russell 2000 Value ETF has a twelve month low of $155.54 and a twelve month high of $223.90.

iShares Russell 2000 Value ETF Company 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.