Naviter Wealth LLC Purchases Shares of 5,708 iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Naviter Wealth LLC purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 5,708 shares of the company’s stock, valued at approximately $906,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wolverine Asset Management LLC purchased a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $31,000. Blue Trust Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 275.7% during the 4th quarter. Blue Trust Inc. now owns 278 shares of the company’s stock valued at $43,000 after purchasing an additional 204 shares during the period. Tidemark LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth about $46,000. Future Financial Wealth Managment LLC bought a new position in iShares Russell 2000 Value ETF in the 1st quarter valued at $48,000. Finally, DT Investment Partners LLC purchased a new stake in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $48,000.

iShares Russell 2000 Value ETF Trading Up 0.4 %

Shares of NYSEARCA IWN opened at $151.52 on Wednesday. The business has a 50-day moving average of $153.27 and a 200-day moving average of $152.51. The firm has a market capitalization of $11.59 billion, a price-to-earnings ratio of 10.79 and a beta of 1.17. iShares Russell 2000 Value ETF has a 12 month low of $124.97 and a 12 month high of $159.85.

About iShares Russell 2000 Value ETF

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.