1,318 Shares in iShares Russell 2000 Value ETF (NYSEARCA:IWN) Purchased by JMG Financial Group Ltd.

JMG Financial Group Ltd. purchased a new position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,318 shares of the company’s stock, valued at approximately $205,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Pflug Koory LLC bought a new stake in iShares Russell 2000 Value ETF during the third quarter worth about $28,000. Wolverine Asset Management LLC bought a new position in iShares Russell 2000 Value ETF in the fourth quarter valued at approximately $31,000. Blue Trust Inc. boosted its stake in iShares Russell 2000 Value ETF by 275.7% in the fourth quarter. Blue Trust Inc. now owns 278 shares of the company’s stock valued at $43,000 after acquiring an additional 204 shares during the last quarter. Sheets Smith Wealth Management acquired a new stake in iShares Russell 2000 Value ETF in the third quarter worth $47,000. Finally, DT Investment Partners LLC acquired a new stake in iShares Russell 2000 Value ETF in the fourth quarter worth $48,000.

iShares Russell 2000 Value ETF Price Performance

IWN traded down $0.46 during mid-day trading on Wednesday, hitting $151.28. The stock had a trading volume of 1,082,147 shares, compared to its average volume of 1,352,499. The stock’s fifty day simple moving average is $152.78 and its 200-day simple moving average is $146.46. The firm has a market capitalization of $11.93 billion, a price-to-earnings ratio of 10.81 and a beta of 1.18. iShares Russell 2000 Value ETF has a 1-year low of $124.97 and a 1-year high of $159.81.

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.