Zhang Financial LLC Has $16.95 Million Stock Position in iShares Russell 2000 Value ETF (NYSEARCA:IWN)

Zhang Financial LLC lessened its stake in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 1.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,224 shares of the company’s stock after selling 1,823 shares during the quarter. iShares Russell 2000 Value ETF comprises 1.0% of Zhang Financial LLC’s investment portfolio, making the stock its 20th biggest position. Zhang Financial LLC owned 0.13% of iShares Russell 2000 Value ETF worth $16,946,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Diversify Wealth Management LLC increased its stake in shares of iShares Russell 2000 Value ETF by 102.6% in the 4th quarter. Diversify Wealth Management LLC now owns 2,867 shares of the company’s stock valued at $458,000 after purchasing an additional 1,452 shares during the last quarter. City Holding Co. lifted its position in shares of iShares Russell 2000 Value ETF by 3.5% during the 4th quarter. City Holding Co. now owns 22,850 shares of the company’s stock worth $3,751,000 after buying an additional 765 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter valued at about $202,000. Brady Martz Wealth Solutions LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at about $2,930,000. Finally, Murphy Middleton Hinkle & Parker Inc. raised its stake in iShares Russell 2000 Value ETF by 39.5% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,183 shares of the company’s stock worth $1,343,000 after acquiring an additional 2,319 shares in the last quarter.

iShares Russell 2000 Value ETF Trading Up 0.4 %

IWN stock opened at $166.95 on Monday. The stock has a market capitalization of $12.77 billion, a P/E ratio of 10.79 and a beta of 1.17. The firm has a 50-day moving average price of $171.06 and a 200-day moving average price of $166.65. iShares Russell 2000 Value ETF has a 12 month low of $144.75 and a 12 month high of $183.51.

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.