IPG Investment Advisors LLC Makes New $627,000 Investment in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

IPG Investment Advisors LLC acquired a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,770 shares of the company’s stock, valued at approximately $627,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. grew its stake in shares of iShares Russell 2000 Value ETF by 6.6% during the fourth quarter. Alliancebernstein L.P. now owns 92,871 shares of the company’s stock valued at $15,421,000 after buying an additional 5,765 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Russell 2000 Value ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 693,825 shares of the company’s stock valued at $115,210,000 after buying an additional 34,853 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares Russell 2000 Value ETF by 0.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,414,140 shares of the company’s stock valued at $234,818,000 after buying an additional 8,641 shares during the last quarter. Nuveen Asset Management LLC bought a new position in shares of iShares Russell 2000 Value ETF during the fourth quarter valued at approximately $770,000. Finally, Clearstead Advisors LLC grew its stake in shares of iShares Russell 2000 Value ETF by 76.9% during the fourth quarter. Clearstead Advisors LLC now owns 10,426 shares of the company’s stock valued at $1,731,000 after buying an additional 4,531 shares during the last quarter.

IWN opened at $153.28 on Friday. The stock’s 50 day moving average price is $153.73 and its 200-day moving average price is $158.97. iShares Russell 2000 Value ETF has a one year low of $138.81 and a one year high of $178.19.

iShares Russell 2000 Value ETF Company Profile (Get Rating)

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.

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