Foundation Wealth Management LLC PA Takes $3.89 Million Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Foundation Wealth Management LLC PA acquired a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 23,688 shares of the company’s stock, valued at approximately $3,889,000. iShares Russell 2000 Value ETF comprises 1.9% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Financial Perspectives Inc lifted its stake in iShares Russell 2000 Value ETF by 18.1% during the fourth quarter. Financial Perspectives Inc now owns 391 shares of the company’s stock worth $64,000 after purchasing an additional 60 shares during the last quarter. Diversified Trust Co raised its holdings in shares of iShares Russell 2000 Value ETF by 3.0% during the 4th quarter. Diversified Trust Co now owns 2,099 shares of the company’s stock valued at $345,000 after buying an additional 61 shares in the last quarter. Asset Dedication LLC lifted its position in iShares Russell 2000 Value ETF by 3.9% in the 4th quarter. Asset Dedication LLC now owns 1,812 shares of the company’s stock worth $297,000 after buying an additional 68 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its stake in iShares Russell 2000 Value ETF by 13.8% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 659 shares of the company’s stock worth $108,000 after buying an additional 80 shares in the last quarter. Finally, Archvest Wealth Advisors Inc. grew its position in iShares Russell 2000 Value ETF by 1.1% during the fourth quarter. Archvest Wealth Advisors Inc. now owns 7,595 shares of the company’s stock valued at $1,247,000 after acquiring an additional 81 shares during the last quarter.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $154.58 on Thursday. iShares Russell 2000 Value ETF has a fifty-two week low of $145.71 and a fifty-two week high of $183.51. The firm has a market cap of $11.30 billion, a price-to-earnings ratio of 13.99 and a beta of 1.18. The firm has a 50 day moving average price of $161.94 and a 200-day moving average price of $166.46.

iShares Russell 2000 Value ETF 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.