McLean Asset Management Corp Purchases 1,998 Shares of iShares Russell 2000 Value ETF $IWN

McLean Asset Management Corp lifted its holdings in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 7.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,150 shares of the company’s stock after buying an additional 1,998 shares during the quarter. iShares Russell 2000 Value ETF comprises approximately 1.3% of McLean Asset Management Corp’s investment portfolio, making the stock its 20th biggest holding. McLean Asset Management Corp’s holdings in iShares Russell 2000 Value ETF were worth $4,937,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IWN. Brighton Jones LLC grew its position in shares of iShares Russell 2000 Value ETF by 2.6% during the 4th quarter. Brighton Jones LLC now owns 3,623 shares of the company’s stock worth $595,000 after buying an additional 91 shares during the period. Balyasny Asset Management L.P. acquired a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $527,000. NorthRock Partners LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $507,000. Nuveen Asset Management LLC acquired a new stake in shares of iShares Russell 2000 Value ETF during the 4th quarter worth approximately $2,115,000. Finally, Quantinno Capital Management LP grew its position in shares of iShares Russell 2000 Value ETF by 379.2% during the 4th quarter. Quantinno Capital Management LP now owns 6,167 shares of the company’s stock worth $1,012,000 after buying an additional 4,880 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of NYSEARCA IWN opened at $175.55 on Friday. The stock has a market cap of $11.82 billion, a P/E ratio of 14.35 and a beta of 1.15. The firm has a 50 day moving average price of $167.40 and a 200 day moving average price of $156.45. iShares Russell 2000 Value ETF has a 52-week low of $129.38 and a 52-week 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.