iShares Russell 2000 Value ETF $IWN Stock Purchased by Investment Partners LTD.

Investment Partners LTD. increased its position in shares of iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 94.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 34,141 shares of the company’s stock after buying an additional 16,547 shares during the quarter. iShares Russell 2000 Value ETF accounts for about 1.1% of Investment Partners LTD.’s holdings, making the stock its 24th biggest position. Investment Partners LTD.’s holdings in iShares Russell 2000 Value ETF were worth $7,151,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Magnus Financial Group LLC increased its holdings in shares of iShares Russell 2000 Value ETF by 1.4% in the 3rd quarter. Magnus Financial Group LLC now owns 3,525 shares of the company’s stock valued at $738,000 after acquiring an additional 50 shares during the period. Diversified Management Inc. boosted its stake in iShares Russell 2000 Value ETF by 3.8% during the 3rd quarter. Diversified Management Inc. now owns 1,464 shares of the company’s stock worth $307,000 after purchasing an additional 54 shares during the period. Valmark Advisers Inc. boosted its stake in iShares Russell 2000 Value ETF by 2.3% during the 1st quarter. Valmark Advisers Inc. now owns 2,424 shares of the company’s stock worth $460,000 after purchasing an additional 55 shares during the period. Cedar Mountain Advisors LLC grew its position in iShares Russell 2000 Value ETF by 17.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 369 shares of the company’s stock worth $70,000 after purchasing an additional 56 shares during the last quarter. Finally, MCF Advisors LLC raised its holdings in shares of iShares Russell 2000 Value ETF by 39.9% in the second quarter. MCF Advisors LLC now owns 228 shares of the company’s stock valued at $50,000 after buying an additional 65 shares during the last quarter. Institutional investors and hedge funds own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Stock Performance

Shares of IWN opened at $214.58 on Friday. iShares Russell 2000 Value ETF has a fifty-two week low of $168.75 and a fifty-two week high of $227.86. The company has a market capitalization of $14.04 billion, a price-to-earnings ratio of 14.35 and a beta of 1.04. The firm has a 50-day simple moving average of $215.82 and a 200-day simple moving average of $209.35.

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.