Mutual Advisors LLC Boosts Stake in iShares Russell 2000 Value ETF $IWN

Mutual Advisors LLC lifted its holdings in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 75.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,177 shares of the company’s stock after buying an additional 2,659 shares during the period. Mutual Advisors LLC’s holdings in iShares Russell 2000 Value ETF were worth $1,023,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Marshall & Sullivan Inc. WA purchased a new position in iShares Russell 2000 Value ETF during the second quarter worth about $28,000. Avalon Trust Co purchased a new position in iShares Russell 2000 Value ETF during the first quarter worth about $30,000. Capital Investment Advisory Services LLC raised its stake in iShares Russell 2000 Value ETF by 166.7% during 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 period. Cloud Capital Management LLC purchased a new position in iShares Russell 2000 Value ETF during the first quarter worth about $38,000. Finally, Alpine Bank Wealth Management purchased a new position in iShares Russell 2000 Value ETF during the first quarter worth about $44,000. 74.70% of the stock is owned by hedge funds and other institutional investors.

iShares Russell 2000 Value ETF Price Performance

Shares of IWN stock opened at $176.53 on Friday. The firm’s 50-day moving average is $174.38 and its two-hundred day moving average is $160.37. iShares Russell 2000 Value ETF has a 12 month low of $129.38 and a 12 month high of $183.51. The company has a market capitalization of $11.87 billion, a PE ratio of 14.35 and a beta of 1.15.

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.