Rialto Wealth Management LLC Makes New $631,000 Investment in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Rialto Wealth Management LLC purchased a new stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,841 shares of the company’s stock, valued at approximately $631,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Janney Montgomery Scott LLC boosted its position in iShares Russell 2000 Value ETF by 8.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,421 shares of the company’s stock worth $3,240,000 after acquiring an additional 1,451 shares during the period. Advisor Resource Council bought a new stake in shares of iShares Russell 2000 Value ETF during the third quarter valued at about $328,000. Cozad Asset Management Inc. lifted its holdings in iShares Russell 2000 Value ETF by 4.8% in the third quarter. Cozad Asset Management Inc. now owns 8,267 shares of the company’s stock worth $1,379,000 after purchasing an additional 382 shares during the period. Confluence Investment Management LLC bought a new position in iShares Russell 2000 Value ETF in the 3rd quarter valued at about $529,000. Finally, Assetmark Inc. increased its stake in iShares Russell 2000 Value ETF by 2,706.9% during the 3rd quarter. Assetmark Inc. now owns 53,162 shares of the company’s stock valued at $8,868,000 after buying an additional 51,268 shares during the period.

iShares Russell 2000 Value ETF Trading Up 0.4 %

Shares of NYSEARCA:IWN opened at $155.51 on Friday. The company has a 50 day moving average of $164.67 and a 200-day moving average of $167.47. The firm has a market cap of $11.43 billion, a P/E ratio of 14.54 and a beta of 1.17. iShares Russell 2000 Value ETF has a twelve month low of $145.71 and a twelve month high of $183.51.

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.