Archvest Wealth Advisors Inc. Grows Stock Position in iShares Russell 2000 Value ETF $IWN

Archvest Wealth Advisors Inc. grew its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 301.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,588 shares of the company’s stock after buying an additional 9,453 shares during the quarter. iShares Russell 2000 Value ETF makes up 0.6% of Archvest Wealth Advisors Inc.’s holdings, making the stock its 17th biggest holding. Archvest Wealth Advisors Inc.’s holdings in iShares Russell 2000 Value ETF were worth $2,281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IWN. Brighton Jones LLC lifted its position in iShares Russell 2000 Value ETF by 2.6% in the fourth quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock valued at $595,000 after buying an additional 91 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of iShares Russell 2000 Value ETF by 50.8% in the 1st quarter. Rhumbline Advisers now owns 1,205 shares of the company’s stock worth $182,000 after acquiring an additional 406 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter worth approximately $723,000. Qube Research & Technologies Ltd boosted its position in shares of iShares Russell 2000 Value ETF by 571.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 10,368 shares of the company’s stock worth $1,636,000 after purchasing an additional 8,825 shares during the period. Finally, Sei Investments Co. increased its holdings in iShares Russell 2000 Value ETF by 19.7% in the 2nd quarter. Sei Investments Co. now owns 285,170 shares of the company’s stock valued at $44,990,000 after purchasing an additional 46,837 shares during the last quarter. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

NYSEARCA IWN opened at $212.19 on Thursday. The company has a market cap of $13.71 billion, a P/E ratio of 14.35 and a beta of 1.02. The stock has a 50-day moving average of $204.05 and a two-hundred day moving average of $194.58. iShares Russell 2000 Value ETF has a 1-year low of $151.18 and a 1-year high of $215.70.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.