Cahaba Wealth Management Inc. Increases Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Cahaba Wealth Management Inc. boosted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.7% during the third quarter, Holdings Channel reports. The firm owned 3,035 shares of the company’s stock after acquiring an additional 342 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares Russell 2000 Value ETF were worth $506,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Strategic Financial Concepts LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 18,036.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 833,540 shares of the company’s stock worth $1,269,000 after acquiring an additional 828,944 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of iShares Russell 2000 Value ETF during the 2nd quarter worth approximately $70,720,000. Picton Mahoney Asset Management grew its holdings in shares of iShares Russell 2000 Value ETF by 103.1% during the 1st quarter. Picton Mahoney Asset Management now owns 325,175 shares of the company’s stock worth $51,642,000 after acquiring an additional 165,046 shares during the period. Quadrature Capital Ltd purchased a new position in shares of iShares Russell 2000 Value ETF during the 1st quarter worth approximately $26,071,000. Finally, Cetera Investment Advisers grew its holdings in shares of iShares Russell 2000 Value ETF by 211.6% during the 1st quarter. Cetera Investment Advisers now owns 223,660 shares of the company’s stock worth $35,519,000 after acquiring an additional 151,873 shares during the period.

iShares Russell 2000 Value ETF Trading Down 0.1 %

Shares of IWN stock traded down $0.11 during midday trading on Friday, reaching $170.30. 631,692 shares of the stock were exchanged, compared to its average volume of 1,192,338. The company’s 50 day moving average is $164.42 and its two-hundred day moving average is $158.49. iShares Russell 2000 Value ETF has a 1 year low of $124.97 and a 1 year high of $174.83. The firm has a market cap of $13.03 billion, a PE ratio of 10.79 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.