BIP Wealth LLC Increases Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

BIP Wealth LLC grew its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 6.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,625 shares of the company’s stock after purchasing an additional 224 shares during the period. BIP Wealth LLC’s holdings in iShares Russell 2000 Value ETF were worth $605,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Mitchell Sinkler & Starr PA acquired a new stake in iShares Russell 2000 Value ETF in the second quarter valued at about $25,000. Lynx Investment Advisory acquired a new stake in shares of iShares Russell 2000 Value ETF in the 2nd quarter valued at approximately $26,000. Barrett & Company Inc. boosted 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 valued at $27,000 after buying an additional 64 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in iShares Russell 2000 Value ETF by 100.0% during the third quarter. Richardson Financial Services Inc. now owns 190 shares of the company’s stock worth $30,000 after acquiring an additional 95 shares during the period. Finally, Optimum Investment Advisors raised its position in iShares Russell 2000 Value ETF by 375.0% in the third quarter. Optimum Investment Advisors now owns 190 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA IWN opened at $172.91 on Wednesday. iShares Russell 2000 Value ETF has a one year low of $136.85 and a one year high of $181.50. The firm has a market capitalization of $13.23 billion, a P/E ratio of 10.79 and a beta of 1.17. The company’s fifty day moving average is $167.93 and its two-hundred day moving average is $161.56.

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.