Icon Wealth Advisors LLC Buys 3,188 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Icon Wealth Advisors LLC grew its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 185.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,904 shares of the company’s stock after acquiring an additional 3,188 shares during the quarter. Icon Wealth Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $818,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC raised its stake in shares of iShares Russell 2000 Value ETF by 18,036.2% in the second quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after purchasing an additional 828,944 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in shares of iShares Russell 2000 Value ETF by 1,457.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 665,455 shares of the company’s stock worth $111,012,000 after purchasing an additional 622,725 shares during the last quarter. Alaska Permanent Fund Corp raised its stake in shares of iShares Russell 2000 Value ETF by 66.4% in the third quarter. Alaska Permanent Fund Corp now owns 1,414,873 shares of the company’s stock worth $236,029,000 after purchasing an additional 564,826 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Value ETF in the second quarter worth $70,720,000. Finally, Bailard Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 789.1% in the third quarter. Bailard Inc. now owns 506,937 shares of the company’s stock worth $84,567,000 after purchasing an additional 449,917 shares during the last quarter.

iShares Russell 2000 Value ETF Price Performance

IWN stock opened at $178.55 on Friday. iShares Russell 2000 Value ETF has a 1-year low of $136.85 and a 1-year high of $181.50. The business has a fifty day moving average price of $168.77 and a 200-day moving average price of $161.90. The stock has a market capitalization of $13.66 billion, a P/E ratio of 10.79 and a beta of 1.17.

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.