Wealthfront Advisers LLC Buys 13,090 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Wealthfront Advisers LLC lifted its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 93.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,145 shares of the company’s stock after acquiring an additional 13,090 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares Russell 2000 Value ETF were worth $4,456,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Riverbend Wealth Management LLC purchased a new position in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at $493,000. Independent Advisor Alliance bought a new stake in iShares Russell 2000 Value ETF during the fourth quarter valued at about $1,522,000. Johnson Investment Counsel Inc. lifted its position in shares of iShares Russell 2000 Value ETF by 0.8% in the fourth quarter. Johnson Investment Counsel Inc. now owns 144,181 shares of the company’s stock valued at $23,670,000 after acquiring an additional 1,162 shares in the last quarter. Tassel Capital Management Inc. bought a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth about $345,000. Finally, Moran Wealth Management LLC grew its position in shares of iShares Russell 2000 Value ETF by 896.2% during the fourth quarter. Moran Wealth Management LLC now owns 13,050 shares of the company’s stock worth $2,142,000 after purchasing an additional 11,740 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Down 1.4 %

NYSEARCA IWN opened at $149.27 on Friday. iShares Russell 2000 Value ETF has a 12 month low of $145.71 and a 12 month high of $183.51. The stock has a market cap of $10.81 billion, a PE ratio of 13.92 and a beta of 1.18. The stock’s 50 day moving average is $163.62 and its 200 day moving average is $167.12.

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.