Cadence Bank Acquires Shares of 2,917 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cadence Bank bought a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,917 shares of the company’s stock, valued at approximately $487,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IWN. Mitchell Sinkler & Starr PA purchased a new position in iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $25,000. Barrett & Company Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 67.4% in the third quarter. Barrett & Company Inc. now owns 159 shares of the company’s stock worth $27,000 after purchasing an additional 64 shares during the last quarter. Lynx Investment Advisory bought a new position in shares of iShares Russell 2000 Value ETF during the second quarter valued at $26,000. Loomis Sayles & Co. L P purchased a new stake in shares of iShares Russell 2000 Value ETF during the third quarter valued at $29,000. Finally, Optimum Investment Advisors boosted its position in shares of iShares Russell 2000 Value ETF by 375.0% during the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock valued at $32,000 after buying an additional 150 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA:IWN opened at $180.14 on Thursday. The firm has a market cap of $13.78 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. The business has a 50-day simple moving average of $169.59 and a two-hundred day simple moving average of $162.45. iShares Russell 2000 Value ETF has a fifty-two week low of $136.85 and a fifty-two week high of $183.51.

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.