Moran Wealth Management LLC Has $2.14 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Moran Wealth Management LLC boosted its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 896.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,050 shares of the company’s stock after purchasing an additional 11,740 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,142,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of iShares Russell 2000 Value ETF by 12.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after buying an additional 70,123 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter valued at approximately $207,000. National Bank of Canada FI lifted its stake in iShares Russell 2000 Value ETF by 4.6% in the 3rd quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock valued at $341,000 after purchasing an additional 90 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 9.8% during the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock worth $420,000 after buying an additional 228 shares during the last quarter. Finally, Crestwood Advisors Group LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 20.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 2,055 shares of the company’s stock worth $337,000 after buying an additional 350 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Down 0.2 %

Shares of IWN stock opened at $151.26 on Wednesday. iShares Russell 2000 Value ETF has a twelve month low of $145.71 and a twelve month high of $183.51. The stock’s fifty day simple moving average is $164.17 and its 200 day simple moving average is $167.35. The firm has a market capitalization of $10.96 billion, a P/E ratio of 13.92 and a beta of 1.18.

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.