Clientfirst Wealth Management LLC Invests $399,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Clientfirst Wealth Management LLC acquired a new stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,431 shares of the company’s stock, valued at approximately $399,000. iShares Russell 2000 Value ETF accounts for 0.4% of Clientfirst Wealth Management LLC’s holdings, making the stock its 22nd largest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alaska Permanent Fund Corp lifted its stake in shares of iShares Russell 2000 Value ETF by 66.4% in the 3rd quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock valued at $236,029,000 after purchasing an additional 564,826 shares during the period. Starboard Value LP lifted its stake in iShares Russell 2000 Value ETF by 5.9% in the third quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock valued at $226,041,000 after buying an additional 75,000 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares Russell 2000 Value ETF by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock valued at $200,091,000 after buying an additional 6,684 shares during the period. M&T Bank Corp boosted its holdings in iShares Russell 2000 Value ETF by 20.6% during the third quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock worth $192,560,000 after buying an additional 196,988 shares during the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of iShares Russell 2000 Value ETF by 1.5% during the 3rd quarter. D.A. Davidson & CO. now owns 1,049,996 shares of the company’s stock worth $175,160,000 after buying an additional 15,867 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $167.09 on Friday. The firm’s 50 day simple moving average is $168.60 and its 200 day simple moving average is $167.43. iShares Russell 2000 Value ETF has a fifty-two week low of $145.65 and a fifty-two week high of $183.51. The company has a market capitalization of $12.78 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17.

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.