Cassaday & Co Wealth Management LLC Buys 10,244 Shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cassaday & Co Wealth Management LLC increased its stake in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 603,320 shares of the company’s stock after purchasing an additional 10,244 shares during the period. iShares Russell 2000 Value ETF makes up 2.7% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 9th largest holding. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $99,047,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Alaska Permanent Fund Corp boosted its holdings 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 valued at $236,029,000 after acquiring an additional 564,826 shares in the last quarter. Starboard Value LP increased its position in iShares Russell 2000 Value ETF by 5.9% during the 3rd quarter. Starboard Value LP now owns 1,355,000 shares of the company’s stock worth $226,041,000 after purchasing an additional 75,000 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of iShares Russell 2000 Value ETF by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,199,444 shares of the company’s stock worth $200,091,000 after buying an additional 6,684 shares in the last quarter. M&T Bank Corp lifted its holdings in shares of iShares Russell 2000 Value ETF by 20.6% in the 3rd quarter. M&T Bank Corp now owns 1,154,299 shares of the company’s stock valued at $192,560,000 after buying an additional 196,988 shares during the period. Finally, D.A. Davidson & CO. boosted its stake in shares of iShares Russell 2000 Value ETF by 2.9% in the fourth quarter. D.A. Davidson & CO. now owns 1,080,253 shares of the company’s stock valued at $177,345,000 after buying an additional 30,257 shares in the last quarter.

iShares Russell 2000 Value ETF Stock Performance

NYSEARCA:IWN opened at $165.92 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $145.71 and a 1 year high of $183.51. The stock has a fifty day moving average price of $166.64 and a two-hundred day moving average price of $167.39. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 14.54 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.