Independent Advisor Alliance Purchases Shares of 9,270 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Independent Advisor Alliance acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 9,270 shares of the company’s stock, valued at approximately $1,522,000.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of iShares Russell 2000 Value ETF by 12.5% during the third quarter. JPMorgan Chase & Co. now owns 632,207 shares of the company’s stock worth $105,465,000 after acquiring an additional 70,123 shares in the last quarter. Atomi Financial Group Inc. acquired a new position in iShares Russell 2000 Value ETF during the 4th quarter valued at about $207,000. National Bank of Canada FI increased its holdings in iShares Russell 2000 Value ETF by 4.6% during the 3rd quarter. National Bank of Canada FI now owns 2,045 shares of the company’s stock worth $341,000 after purchasing an additional 90 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 13.6% in the fourth quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock worth $9,911,000 after purchasing an additional 7,211 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 9.8% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 2,558 shares of the company’s stock worth $420,000 after purchasing an additional 228 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Up 2.3 %

Shares of NYSEARCA:IWN opened at $152.75 on Friday. The business’s 50 day moving average is $163.36 and its 200 day moving average is $167.01. 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 $11.07 billion, a price-to-earnings 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.