Pointe Capital Management LLC Has $1.37 Million Position in iShares Russell 2000 Value ETF $IWN

Pointe Capital Management LLC lifted its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 12.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,666 shares of the company’s stock after acquiring an additional 955 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IWN. First Command Advisory Services Inc. purchased a new position in shares of iShares Russell 2000 Value ETF in the 2nd quarter worth about $26,000. Marshall & Sullivan Inc. WA purchased a new stake in shares of iShares Russell 2000 Value ETF in the second quarter worth about $28,000. Avalon Trust Co purchased a new stake in shares of iShares Russell 2000 Value ETF in the first quarter worth about $30,000. Capital Investment Advisory Services LLC grew its holdings in shares of iShares Russell 2000 Value ETF by 166.7% in the first quarter. Capital Investment Advisory Services LLC now owns 216 shares of the company’s stock worth $33,000 after purchasing an additional 135 shares during the last quarter. Finally, Cloud Capital Management LLC bought a new position in shares of iShares Russell 2000 Value ETF in the first quarter worth approximately $38,000. Institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Up 0.0%

NYSEARCA:IWN opened at $177.19 on Tuesday. The stock has a market cap of $11.72 billion, a P/E ratio of 14.35 and a beta of 1.09. The firm’s fifty day simple moving average is $176.89 and its 200 day simple moving average is $163.91. iShares Russell 2000 Value ETF has a twelve month low of $129.38 and a twelve month high of $183.51.

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.