Essential Planning LLC. Invests $755,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Essential Planning LLC. purchased a new position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,470 shares of the company’s stock, valued at approximately $755,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $25,000. Crews Bank & Trust acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $25,000. Hoese & Co LLP acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $26,000. Financial Life Planners acquired a new stake in shares of iShares Russell 2000 Value ETF during the fourth quarter worth $26,000. Finally, Loomis Sayles & Co. L P acquired a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth $29,000.

iShares Russell 2000 Value ETF Stock Down 1.4 %

Shares of NYSEARCA:IWN opened at $149.27 on Friday. iShares Russell 2000 Value ETF has a 12 month low of $145.71 and a 12 month high of $183.51. The company’s fifty day simple moving average is $163.62 and its 200 day simple moving average is $167.12. The firm has a market cap of $10.81 billion, a price-to-earnings ratio of 13.92 and a beta of 1.18.

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.