Vance Wealth Inc. Has $2.95 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Vance Wealth Inc. increased its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,994 shares of the company’s stock after purchasing an additional 549 shares during the quarter. iShares Russell 2000 Value ETF makes up 1.3% of Vance Wealth Inc.’s portfolio, making the stock its 22nd biggest position. Vance Wealth Inc.’s holdings in iShares Russell 2000 Value ETF were worth $2,950,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Covenant Partners LLC grew its position in shares of iShares Russell 2000 Value ETF by 4.9% during the 3rd quarter. Covenant Partners LLC now owns 110,970 shares of the company’s stock worth $15,042,000 after buying an additional 5,202 shares during the period. Lake Street Financial LLC grew its position in shares of iShares Russell 2000 Value ETF by 38.8% during the 3rd quarter. Lake Street Financial LLC now owns 31,071 shares of the company’s stock worth $4,230,000 after buying an additional 8,691 shares during the period. Commonwealth Equity Services LLC grew its position in shares of iShares Russell 2000 Value ETF by 1.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,176,051 shares of the company’s stock worth $159,414,000 after buying an additional 21,223 shares during the period. Sheets Smith Wealth Management acquired a new position in shares of iShares Russell 2000 Value ETF during the 3rd quarter worth about $47,000. Finally, Pinnacle Associates Ltd. grew its position in shares of iShares Russell 2000 Value ETF by 22.0% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,941 shares of the company’s stock worth $399,000 after buying an additional 530 shares during the period.

iShares Russell 2000 Value ETF Price Performance

Shares of iShares Russell 2000 Value ETF stock traded up $0.96 during trading on Friday, hitting $151.14. 647,945 shares of the company were exchanged, compared to its average volume of 1,339,202. The firm has a market capitalization of $11.74 billion, a P/E ratio of 10.45 and a beta of 1.17. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $159.81. The firm’s fifty day moving average price is $152.71 and its 200 day moving average price is $146.72.

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.