Pinnacle Wealth Planning Services Inc. Invests $259,000 in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Pinnacle Wealth Planning Services Inc. purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) during the fourth quarter, Holdings Channel.com reports. The firm purchased 1,576 shares of the company’s stock, valued at approximately $259,000.

A number of other hedge funds have also modified their holdings of the stock. LHM Inc. acquired a new position in shares of iShares Russell 2000 Value ETF in the fourth quarter worth $15,722,000. Raymond James Financial Inc. acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth $97,519,000. Atria Investments Inc increased its position in iShares Russell 2000 Value ETF by 160.1% during the fourth quarter. Atria Investments Inc now owns 11,452 shares of the company’s stock worth $1,880,000 after buying an additional 7,049 shares during the last quarter. Assetmark Inc. increased its position in iShares Russell 2000 Value ETF by 13.6% during the fourth quarter. Assetmark Inc. now owns 60,373 shares of the company’s stock worth $9,911,000 after buying an additional 7,211 shares during the last quarter. Finally, J.Safra Asset Management Corp acquired a new position in iShares Russell 2000 Value ETF during the fourth quarter worth $458,000.

iShares Russell 2000 Value ETF Price Performance

iShares Russell 2000 Value ETF stock opened at $155.51 on Friday. The company has a market capitalization of $11.43 billion, a price-to-earnings ratio of 14.54 and a beta of 1.17. iShares Russell 2000 Value ETF has a one year low of $145.71 and a one year high of $183.51. The company’s fifty day moving average price is $164.67 and its two-hundred day moving average price is $167.47.

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.