Connecticut Wealth Management LLC Grows Stock Holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Connecticut Wealth Management LLC grew its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,790 shares of the company’s stock after acquiring an additional 115 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,055,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. TIAA Trust National Association bought a new stake in shares of iShares Russell 2000 Value ETF during the third quarter worth $337,567,000. Commonwealth Equity Services LLC boosted its position in iShares Russell 2000 Value ETF by 2.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,208,666 shares of the company’s stock valued at $187,742,000 after purchasing an additional 32,615 shares in the last quarter. D.A. Davidson & CO. grew its stake in iShares Russell 2000 Value ETF by 1.7% in the third quarter. D.A. Davidson & CO. now owns 999,930 shares of the company’s stock valued at $135,541,000 after purchasing an additional 17,137 shares during the last quarter. M&T Bank Corp raised its holdings in iShares Russell 2000 Value ETF by 60.3% in the fourth quarter. M&T Bank Corp now owns 734,755 shares of the company’s stock worth $114,129,000 after purchasing an additional 276,387 shares in the last quarter. Finally, US Bancorp DE lifted its position in shares of iShares Russell 2000 Value ETF by 3.3% during the third quarter. US Bancorp DE now owns 697,961 shares of the company’s stock valued at $92,903,000 after buying an additional 22,499 shares during the last quarter.

iShares Russell 2000 Value ETF Trading Up 0.9 %

Shares of NYSEARCA:IWN traded up $1.33 during trading on Friday, reaching $154.21. The stock had a trading volume of 1,115,091 shares, compared to its average volume of 1,331,615. The firm’s 50-day simple moving average is $152.77 and its 200 day simple moving average is $147.48. iShares Russell 2000 Value ETF has a one year low of $124.97 and a one year high of $159.81. The company has a market capitalization of $11.98 billion, a P/E ratio of 10.45 and a beta of 1.17.

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.